​Philly Shipyard’s Transformation: How Hanwha’s Investment Is Driving U.S. Navy Readiness – Tyler Durden

Philly Shipyard’s Transformation: How Hanwha’s Investment Is Driving U.S. Navy Readiness By Wilson Beaver of Heritage.org Earlier this year, Hanwha Ocean Company bought Philly Shipyard for $100 million. Though it was met with little fanfare from the public at the time, the investment was a big deal in the Navy. The Independence-class littoral combat ship USS Mobile (LCS 26) comes alongside the Nimitz-class aircraft carrier USS Theodore Roosevelt (CVN 71) for a fueling-at-sea, Oct. 1, 2024 It came after requests from American defense experts and government officials for shipbuilders from allied countries to invest into the worn down, depleted, and inefficient…  — Continue at ZeroHedge News : Read More