In a significant move for the American defense industry, South Korean conglomerate Hanwha has finalized its acquisition of Philly Shipyard for $100 million. This deal marks a pivotal moment for both Hanwha and the U.S. maritime sector. The acquisition is part of Hanwha’s broader strategy to strengthen its presence in the American defense industrial base. … Continue reading Hanwha closes $100M deal to take over Philly Shipyard