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Hanwha Defense USA
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Hanwha Defense USA wins $269m Navy landing ship contract as Philly Shipyard enters military shipbuilding
Hanwha Defense USA has secured a $269 million subcontract to build a medium landing ship for the US Navy, with options for three additional vessels. The award advances Hanwha's transition of its Philadelphia shipyard into a dual-use facility, but the commercial opportunity depends on construction performance, future Navy orders and the economics of its planned $5 billion industrial expansion.