Hanwha Ocean signed agreements with U.S. companies Leidos Gibbs & Cox, Hanwha Philly Shipyard, and others in Washington to design naval vessels and develop the shipbuilding supply chain, supporting the "Make American Shipbuilding Great Again" initiative.
Hanwha Ocean's stock dropped 23% after Germany's Thyssenkrupp Marine Systems was chosen as the preferred supplier for Canada's new submarine fleet. The contract, estimated at $100 billion over 30 years, was a significant loss for the South Korean company.
Das Kieler Unternehmen TKMS baut zwölf U-Boote des Typs 212 CD für die kanadische Marine. Der Auftragswert liegt bei über zehn Milliarden Euro. Die erste Lieferung ist für 2033 geplant.
Canada has chosen Germany's TKMS to build up to 12 submarines, marking its largest defense procurement. The deal, valued between $14bn and $21bn for the subs alone, aims to replace aging vessels and enhance strategic capabilities. The first four submarines are expected by 2034.
Canada has chosen German defence contractor Thyssenkrupp Marine Systems (TKMS) over South Korea's Hanwha Ocean Company for a US multibillion-dollar submarine fleet. Prime Minister Mark Carney announced the decision, highlighting strengthened ties with Nato amidst a less reliable United States.
Canada has chosen German defense contractor Thyssenkrupp Marine Systems (TKMS) to build a multi-billion dollar submarine fleet, opting over South Korean firm Hanwha Ocean. Prime Minister Mark Carney announced the decision, highlighting strengthened ties with NATO amid shifting global alliances.
Das Kieler Unternehmen TKMS baut zwölf U-Boote des Typs 212 CD für die kanadische Marine. Der Auftrag, der auf mindestens zehn Milliarden Euro geschätzt wird, vergrößert das Orderbuch von TKMS erheblich. Bundesverteidigungsminister Pistorius lobte die zukünftige Flotte als die größte und modernste konventionelle U-Boot-Flotte der Welt.
Hanwha Ocean's stock surged 8.61% following reports that Canada's next submarine project operator will be announced soon. The deal, estimated at up to 60 trillion won, is a competition between Hanwha Ocean and Germany's TKMS.
Hanwha Ocean has been chosen as the preferred bidder for South Korea's next-generation destroyer project, valued at 7.8 trillion won ($5.1 billion). The company beat HD Hyundai Heavy Industries to secure the KDDX program, which will build six advanced Aegis destroyers.
Kanada steht kurz vor der Entscheidung über einen milliardenschweren U-Boot-Auftrag. Premierminister Mark Carney wird nächste Woche den bevorzugten Partner bekannt geben: entweder TKMS aus Deutschland oder Hanwha Ocean aus Südkorea. Der Auftrag umfasst zwölf U-Boote und beinhaltet hohe Anforderungen an militärische Leistung sowie nationale Wertschöpfung.
Canada expects to select a preferred bidder within 30 days for a submarine program that could be the country's largest procurement ever. Secretary of State for Defence Procurement Stephen Fuhr stated the decision will move one of two qualified suppliers, Germany's TKMS or South Korea's Hanwha Ocean, into detailed negotiations.
Hanwha Ocean Co. is the expected winner for South Korea's 7.8 trillion won (US$5.1 billion) next-generation Navy destroyer project, likely beating rival HD Hyundai Heavy Industries. The project aims to build six 6,000-ton Aegis destroyers.
South Korea's KDDX next-generation destroyer project's detailed design and lead ship construction contract has reportedly been awarded to Hanwha Ocean, narrowly beating HD Hyundai Heavy Industries. A security penalty against HD Hyundai Heavy Industries for military secrets leakage was a key factor.
Hanwha Ocean has reportedly secured the contract for the detailed design and lead ship construction of South Korea's next-generation destroyer (KDDX), narrowly outperforming HD Hyundai Heavy Industries. A security penalty against HD Hyundai Heavy Industries was a key factor in the decision.
NC AI will supply autonomous welding AI technology to Hanwha Ocean's shipbuilding sites, utilizing its 'VAETKI Vision' VLM to overcome harsh welding environment challenges.
SEOUL, May 4 (Yonhap) -- Hanwha Ocean Co. said Monday it has secured a 507 billi...
SEOUL, April 27 (Yonhap) -- Hanwha Ocean Co. said Monday its first-quarter net i...
