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South Korean industrial giants Hanwha, Samsung, and Hyundai Heavy Industries have launched active cooperation with the Pentagon to help revive U.S. shipbuilding and accelerate the construction and repair of military vessels. 🔻 As part of this cooperation, Hyundai has restored a strategic shipyard in Subic Bay, 🇵🇭 Philippines, establishing a major hub for servicing frigates and patrol ships, with discussions also underway on the production of combat units. 🔻 Hanwha, which acquired Philly Ship
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South Korean shipyards are getting a boost from Seoul's $150 billion commitment to help revive US shipbuilding. Will this alliance challenge China’s dominance at sea? https://trib.al/E8lNpYT | Bloomberg
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