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TKMS and Fincantieri aim to establish underwater partnership by year-end and jointly pursue international naval contracts

TKMS and Fincantieri aim to establish underwater partnership by year-end and jointly pursue international naval contracts

HII targets 15% shipyard throughput increase in 2026, plans to outsource over two million work hours to speed U.S. Navy deliveries

HII targets 15% shipyard throughput increase in 2026, plans to outsource over two million work hours to speed U.S. Navy deliveries

September 5, 2026
Austal to hire 500 workers in Western Australia as government expands sovereign naval shipbuilding capacity for future defence fleet

Austal to hire 500 workers in Western Australia as government expands sovereign naval shipbuilding capacity for future defence fleet

August 27, 2026
TKMS, Navantia move towards joint submarine framework by year-end to expand capacity and compete for future global naval orders

TKMS, Navantia move towards joint submarine framework by year-end to expand capacity and compete for future global naval orders

August 23, 2026
RMC strengthens Arctic shipbuilding capability with Finnish corvettes, U.S. Coast Guard icebreakers and modernised Rauma yard

RMC strengthens Arctic shipbuilding capability with Finnish corvettes, U.S. Coast Guard icebreakers and modernised Rauma yard

August 13, 2026
General Dynamics sees further U.S. Navy shipbuilding growth at Bath and NASSCO, with DDG-51 delivery nearly three months early

General Dynamics sees further U.S. Navy shipbuilding growth at Bath and NASSCO, with DDG-51 delivery nearly three months early

General Dynamics expects further growth in its U.S. surface and auxiliary ship businesses as higher productivity at Bath Iron Works and additional capacity at NASSCO support increased Navy work.

August 8, 2026
Hanwha Ocean expands U.S. shipbuilding push with Leidos military sealift design deal and new workforce partnerships

Hanwha Ocean expands U.S. shipbuilding push with Leidos military sealift design deal and new workforce partnerships

Hanwha Ocean is expanding its U.S. shipbuilding footprint through agreements covering military sealift design, workforce training and supply-chain development.

July 27, 2026
Saronic and Samsung Heavy Industries forge U.S. shipbuilding alliance focused on autonomous vessels, AI and industrial capacity

Saronic and Samsung Heavy Industries forge U.S. shipbuilding alliance focused on autonomous vessels, AI and industrial capacity

Saronic and Samsung Heavy Industries have formed a strategic partnership aimed at expanding U.S. shipbuilding capacity and accelerating development of autonomy-capable maritime systems.

July 25, 2026
Australia commits $4.6 billion to Osborne AUKUS submarine yard for nuclear-powered fleet construction

Australia commits $4.6 billion to Osborne AUKUS submarine yard for nuclear-powered fleet construction

Australia will invest another $4.6 billion in Australian Naval Infrastructure to support the nuclear-powered submarine construction yard at Osborne.

July 24, 2026
JPMorganChase commits $24 million to strengthen Philadelphia shipbuilding workforce and U.S. defense industrial base

JPMorganChase commits $24 million to strengthen Philadelphia shipbuilding workforce and U.S. defense industrial base

JPMorganChase has announced $24 million in loans, investments and grants to support Philadelphia’s shipbuilding and maritime manufacturing sector.

July 15, 2026
HII adds Halimar Shipyard to ROMULUS unmanned surface vessel production network to expand Gulf Coast manufacturing capacity

HII adds Halimar Shipyard to ROMULUS unmanned surface vessel production network to expand Gulf Coast manufacturing capacity

HII said Halimar Shipyard of Morgan City, Louisiana, has joined its network of strategic industrial partners supporting serial production of the ROMULUS unmanned surface vessel family.

July 6, 2026
South Korea’s shipbuilding giants and policy lenders join forces for $150 billion U.S. investment push

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.

June 28, 2026
U.S. Navy shipbuilding plan details nuclear-powered Trump-class battleship and carrier design review

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.

May 12, 2026
Hunter class frigate bow structure completed after intensive weld operation at Osborne Naval Shipyard milestone

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.

May 2, 2026
Hanwha outlines economic benefits of Canadian submarine program with $94 billion GDP impact projection

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.

April 25, 2026
Rheinmetall begins early construction of third Class 424 intelligence vessel to strengthen German naval reconnaissance capability

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.

April 16, 2026
TKMS and Navantia sign cooperation agreement to address naval shipbuilding demand and expand submarine production in Europe

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.

April 16, 2026
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