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Korean shipbuilder HD Hyundai partners with Philly Shipyard

Korean shipbuilder HD Hyundai partners with Philly Shipyard
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Korean shipbuilder agrees to a deal that could bring more jobs to Philadelphia

The world’s largest shipbuilder, South Korea’s HD Hyundai Heavy Industries Co. Ltd., has signed a deal to seek U.S. government shipbuilding and maintenance contacts in alliance with Philly Shipyard Inc., which employs around 1,000 at the former Philadelphia Navy Yard site in South Philadelphia.

Pentagon seeks authority to transfer nuclear submarines (and costs) to Australia

Finally, the Pentagon is also asking Congress for permission to accept Australian payments to bolster the U.S. submarine industrial base. Australia has offered to make an undisclosed sum of investments in the U.S. submarine industrial base as part of AUKUS. Defense News, By Bryant Harris and Megan Eckstein 17 May 23 WASHINGTON The U.S. Department of Defense asked Congress to…

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