CLAVE 1 / 4Hanwha Group has transferred 60% ownership of Philly Shipyard to its US defence arm, Hanwha Defence USA.
CLAVE 2 / 4The move is part of a $5bn long-term investment to modernise the yard and expand production capacity.
CLAVE 3 / 4Philly Shipyard reported a $14m operating loss in Q2 2026, its sixth consecutive quarterly loss since acquisition.
CLAVE 4 / 4Hanwha aims to increase the yard’s annual capacity from 1.5 to 20 vessels and secure US naval shipbuilding certification by 2028.
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