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Hanwha signs $269 million shipbuilding contract for US Navy

Reuters

SEOUL, Nov ‌1 (Reuters) - Hanwha Defense USA said ​on ‌Sunday it had ‌signed a $269 million contract with Tote ‌Services to build a medium landing ship for US ⁠Navy.

The 2,687-ton, 100-metre ‌vessel is ⁠to be used for ​operations in disputed waters including ​the Indo-Pacific region, ​Hanwha ‌said in a statement.

The ​ship ⁠is to be ‌built at ​the ​South Korean-owned Philly Shipyard in the US under the first ‌order since Hanwha acquired the facility ‌in ​December 2024, the company said.

(Reporting by Heejin Kim; Editing ‌by William Mallard)