Building What Deterrence Demands: How Hanwha Is Reinforcing America’s Defense Industrial Base
Hanwha, a leading advanced industrial company, is reinforcing America's defense industrial base by revitalizing its shipbuilding industry and reshoring defense supply chains. Hanwha acquired Philly Shipyard in 2024 and plans to increase its annual output from less than two vessels to up to 20.
The United States' manufacturing capacity has eroded, becoming a national security crisis. The 2025 U.S. National Security Strategy calls for a national mobilization to innovate defenses and re-shore defense industrial supply chains. Hanwha, a leading advanced industrial company, is answering this call by revitalizing America's shipbuilding industry. Hanwha acquired Philly Shipyard in 2024 and is transforming it into a digitally enabled production hub. The shipyard has secured orders for 10 medium-range oil and chemical tankers and two LNG carriers. Hanwha will also help with the concept design of the Navy's next-generation logistics ship. Hanwha is investing in autonomous surface and undersea capabilities, partnering with software-first entrants to field unmanned systems.
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