\n Seong-cheol Eo, president of Hanwha Ocean (fourth from the left), signed a memorandum of understanding (MOU) with Mike Riekels, vice president of Leidos Gibbs & Cox (third from the left), on April 21 (local time) at SAS 2026 (Sea-Air-Space 2026) in Maryland, USA. [Photo courtesy of Hanwha Ocean]
\n <\/figcaption><\/figure>\n<\/div>\nHanwha Ocean has partnered with U.S. ship-design heavyweight Leidos Gibbs & Cox to strengthen next-generation ship design and engineering that meet U.S. Navy operational requirements. Hanwha says the alliance will expand its business opportunities and improve profitability in the global naval defense market.<\/p>\n
Hanwha Ocean announced on April 21 that it signed a memorandum of understanding with Leidos Gibbs & Cox at SAS 2026 in Maryland. The MOU is focused on bolstering U.S. and allied naval shipbuilding capabilities.<\/p>\n
Under the agreement, Hanwha plans to build a practical joint front to pursue U.S. Navy shipbuilding work and to secure a distinctive competitive edge.<\/p>\n
\u25c7 Merging with U.S. Navy design standards\u2026’Hanwha-style’ ship advancement<\/strong><\/p>\nHanwha Ocean plans to incorporate 70% or more of Leidos Gibbs & Cox\u2019s U.S. Navy surface-ship design expertise into its shipbuilding capabilities.<\/p>\n
The companies agreed to develop a Hanwha-designed hull optimized to U.S. Navy specifications, jointly create next-generation vessels for global markets, and establish a supply chain that leverages production sites in the United States and South Korea.<\/p>\n
Leveraging its partner\u2019s experience on U.S. Navy programs \u2014 including designs for the Aegis destroyer (DDG-51) and the next-generation frigate (FFG-62) \u2014 Hanwha will pursue ship designs optimized for production efficiency and maintenance (MRO) to gain a technical advantage.<\/p>\n
\u25c7 Building a U.S. market model that surpasses Fincantieri<\/strong><\/p>\nHanwha Ocean said it will benchmark Italy\u2019s Fincantieri, which successfully established a foothold in the U.S. market, and intends to build an even stronger model.<\/p>\n
Because Leidos Gibbs & Cox served as a key partner on Fincantieri\u2019s U.S. Navy frigate projects, Hanwha views this collaboration as a potential turning point for entering the U.S. ship market.<\/p>\n
Mike Riekels, vice president of Leidos Gibbs & Cox, said, “By combining proven design expertise with world-class manufacturing capabilities, our cooperation with Hanwha Ocean will produce ships optimized for future change.”<\/p>\n
\u25c7 Solo exhibition at SAS 2026\u2026accelerating global expansion<\/strong><\/p>\nHanwha Ocean was the only Korean firm to host a standalone 148\u33a1 (about 1,593 sq ft) exhibit at SAS 2026, showcasing its international ambitions.<\/p>\n
At the booth, the company displayed an advanced lineup that drew strong interest: the Ulsan-class frigate Batch III, Jangbogo-III-class submarine, an uncrewed surface vessel (MUSV), an extra-large unmanned underwater vehicle (XLUUV), and the Global Fast Sealift (GFS) strategic transport ship.<\/p>\n
Seong-cheol Eo, president and head of Hanwha Ocean\u2019s Special Ships Business Division, said, “This agreement will give Hanwha Ocean a clear technical advantage in the global ship market. By working with Leidos, a leading U.S. defense firm, we will accelerate our entry into the global maritime defense market and deliver tangible results.”<\/p>\n","protected":false},"excerpt":{"rendered":"
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