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Saturday, October 31, 2026 · UTC
Shipbuilding

Hanwha awarded $269M Navy landing ship subcontract at Philly Shipyard

The subcontract award was reported 30 October 2026 for work at the Philadelphia yard.

Shipbuilding Correspondent
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Stands on 3 placed sources from 1 publisher.
Navy ship production underway at Philly Shipyard
Navy ship production underway at Philly Shipyard AI illustrationhow this picture was made
Hanwha Defense USA was awarded a $269 million subcontract from TOTE Services to build one U.S. Navy Medium Landing Ship at Philly Shipyard.[1] Hanwha acquired Philly Shipyard in December 2024 for $100 million. Ownership is split 60% to Hanwha Systems and 40% to Hanwha Ocean.[2] Hanwha has invested $350 million in the yard since acquisition. The workforce has been doubled to approximately 2500 employees.[3]
Proof3 sources · 1 publisher · signed
What this stands on
  1. Hanwha Defense USA was awarded a $269 million subcontract from TOTE Services to build one U.S. Navy Medium Landing Ship at Philly Shipyard · Defence Blog
  2. Hanwha acquired Philly Shipyard in December 2024 for $100 million, with 60% ownership by Hanwha Systems and 40% by Hanwha Ocean · Defence Blog
  3. Hanwha has invested $350 million in Philly Shipyard and doubled the workforce to approximately 2500 employees since acquisition · Defence Blog
We could not place any of them by their address. None is an official body: that part stands on reporting, not on the underlying document or transcript.