Rauma Marine Constructions is expanding its Arctic government-vessel business while building four Pohjanmaa-class corvettes for the Finnish Navy and two Arctic Security Cutters for the U.S. Coast Guard.
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.
Hanwha Ocean is expanding its U.S. shipbuilding footprint through agreements covering military sealift design, workforce training and supply-chain development.
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.
Australia will invest another $4.6 billion in Australian Naval Infrastructure to support the nuclear-powered submarine construction yard at Osborne.
JPMorganChase has announced $24 million in loans, investments and grants to support Philadelphia’s shipbuilding and maritime manufacturing sector.
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.
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.
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.
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 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 has started production of the third Class 424 intelligence vessel ahead of schedule at its Peene-Werft shipyard in Wolgast.
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