South Korea’s shipbuilding giants and policy lenders join forces for $150 billion U.S. investment push
The initiative follows South Korea’s pledge to invest $150 billion in the U.S. shipbuilding sector as part of a broader $350 billion U.S. investment commitment, with an annual cap of $20 billion.
U.S. Navy shipbuilding plan details nuclear-powered Trump-class battleship and carrier design review
The U.S. Navy has confirmed that its planned Trump-class battleship will use nuclear propulsion and will not replace the Arleigh Burke-class guided missile destroyers, according to the service’s latest 30-year shipbuilding plan.
Hunter class frigate bow structure completed after intensive weld operation at Osborne Naval Shipyard milestone
BAE Systems Australia has completed installation of the stem casting for the first Hunter class frigate, marking a key milestone in construction at Osborne Naval Shipyard.
Hanwha outlines economic benefits of Canadian submarine program with $94 billion GDP impact projection
Hanwha Ocean outlined its industrial plans for Canada’s future submarine programme, saying the effort could generate significant long-term economic benefits if selected for the Canadian Patrol Submarine Project.
Rheinmetall begins early construction of third Class 424 intelligence vessel to strengthen German naval reconnaissance capability
Rheinmetall has started production of the third Class 424 intelligence vessel ahead of schedule at its Peene-Werft shipyard in Wolgast.
TKMS and Navantia sign cooperation agreement to address naval shipbuilding demand and expand submarine production in Europe
TKMS and Navantia have signed a Memorandum of Understanding to explore strategic cooperation in naval shipbuilding.
Damen launches advanced NRP D. João II multi-purpose vessel for Portuguese Navy with expanded operational capabilities
Damen Shipyards Group has launched the NRP D. João II, a Multi-Purpose Vessel (MPV) 10720, for the Portuguese Navy.
U.S. Department of War proposes $65.8 billion shipbuilding budget for 2027, highest level in decades
The U.S. Department of War has requested $65.8 billion for shipbuilding in its fiscal 2027 budget, one of the largest proposals since the Korean War.
Canadian shipbuilder Davie starts construction of next generation icebreaker Polar Max in Lévis
Davie has begun construction of the Polar Max icebreaker at its shipyard in Lévis, marking a major milestone in Canada’s National Shipbuilding Strategy.
Hanwha Defense USA wins first U.S. Navy subcontract for Next Generation Logistics Ship program
Hanwha Defense USA and Hanwha Philly Shipyard have secured their first subcontract with the U.S. Navy under the Next Generation Logistics Ship programme.
Hadrian opens ‘Factory of the Future’ in Alabama to boost U.S. Navy nuclear submarine production capacity
The 2.2 million square foot facility will operate as a highly automated “factory of the future,” producing parts, assemblies […]
EDGE launches first BR71 MK II Combattante corvette for Angolan Navy under €1 billion naval modernisation programme
EDGE Group has announced the launch of the first BR71 MK II Combattante multi-mission corvette for the Angolan Navy under a €1 billion contract covering three vessels.