US President Donald Trump revealed plans for South Korea’s Hanwha to partner with the US Navy in constructing new frigate warships, alongside the introduction of a “Trump-class” battleship. This initiative aligns with South Korea’s efforts to enhance shipbuilding ties with the US, involving key shipbuilders like Hanwha Ocean Co. The US Navy’s recent announcement of a novel frigate class, intended to be more nimble and complement larger warships, underscores this collaboration.
Trump commended Hanwha as a reputable company during a press conference at Mar-a-Lago, highlighting its investment in the Philadelphia naval shipyard. In a bid to fortify US-South Korea shipbuilding cooperation, Hanwha Group pledged a substantial $5 billion investment in the shipyard, part of a broader $150 billion commitment under a trade deal with the Trump administration. This move signifies a significant step towards bolstering production capabilities and fostering bilateral shipbuilding ties.
As part of the envisioned “Golden Fleet,” Trump disclosed plans for the US Navy to construct two potent battleships. Hanwha Group, a diversified conglomerate encompassing chemicals and shipbuilding, announced a $5 billion investment in its US shipyard following discussions between President Lee Jae Myung and President Donald Trump. The investment, aimed at enhancing production capacity at Hanwha Philly Shipyard in Philadelphia, supports the “Make American Shipbuilding Great Again” (MASGA) initiative, emphasizing the commitment to revitalizing American shipbuilding.
During a ceremony at the shipyard attended by President Lee, Hanwha unveiled its investment plan, emphasizing the christening of the State of Maine, a National Security Multi-mission Vessel (NSMV) constructed for the US Maritime Administration (MARAD).
