WASHINGTON — American shipbuilder HII and South Korea’s Hyundai Heavy Industries have signed a memorandum of understanding to pursue “strategic teaming opportunities” for US Navy auxiliary shipbuilding programs.
“This marks the beginning of deeper collaboration between not only our companies, but each of our countries, that will support enduring changes to military and commercial shipbuilding in America,” HII executive Eric Chewning said in the announcement. “We look forward to working collaboratively with HHI, the U.S. and South Korean governments, and with our customers to transform the U.S. shipbuilding industrial base and enable accelerated throughput in our shipyards.”
The companies earlier this month agreed to jointly pursue the design contract for…more
Source breakingdefense.com
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