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• Revenue Size: Over $440 Million USD annually via Philly Shipyard operations, with an active
target backlog fueled by a massive $2 Billion U.S. naval defense turnaround strategy.
• Employment Size: Direct workforce of ~1,500 to 1,600+ personnel in Philadelphia, supplemented
by over 1,000 newly planned technical worker training slots and apprentice pipelines.
• Strategic Investment: $100 Million initial cash acquisition completed in December 2024,
backed by a broader $5 Billion domestic long-term capitalization vision supported by the MASGA naval framework.
Core U.S. Locations & Strategic Infrastructure
• Philadelphia Navy Yard, PA (Hanwha Philly Shipyard):
The crown jewel of the footprint. A 118-acre historic marine facility at the Delaware/Schuylkill
junction producing >50% of recent U.S. Jones Act large commercial vessels.
• Mobile, Alabama Yard (Proposed Austal USA Acquisition):
A massive $1.05B – $1.2B active bid expansion targeting Austal’s primary aluminum and steel
U.S. Navy littoral combat ship production yards.
• Strategic Naval MRO Sites:
Expanding footprint driven by the first-of-its-kind U.S. Navy Master Ship Repair Agreement
(MSRA) providing direct active maintenance and logistics hooks at domestic ports.






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