Project Trident will invest €1.35 billion in Elefsina Shipyards, with ONEX and Hanwha Ocean working to build a major Mediterranean shipbuilding and naval support hub.
Rheinmetall is advancing its naval shipbuilding expansion with a non-binding offer for German Naval Yards, setting up competition with TKMS as European defense spending rises.
Samsung Heavy Industries and General Dynamics NASSCO held talks at the Geoje shipyard on 15 April 2026 to discuss practical cooperation measures, including the U.S. Navy’s NGLS project.
HD Hyundai Heavy Industries welcomed 30 defense attachés from 25 countries to its Ulsan yard, where the delegation reviewed naval construction and support capabilities.
DAPA plans a March 2026 tender for KDDX as HD Hyundai Heavy Industries and Hanwha Ocean prepare detailed design bids.
Canada’s defence procurement secretary toured Hanwha Ocean’s Geoje yard, reviewing the KSS-III submarine proposed for CPSP and related Canadian industrial partnerships.
HJ Shipbuilding & Construction, HD Hyundai Heavy Industries and LIG Nex1 formed a consortium to develop integrated control and autonomous mission core technologies for combat USVs, including a large verification platform build.
Hanwha Group is expanding hiring and upgrading Hanwha Philly Shipyard as “Golden Fleet” shipbuilding plans advance, positioning the yard for potential US naval workshare and future platform cooperation.
HD Hyundai Heavy Industries has formalized an agreement with Cochin Shipyard Limited to organize a joint approach for the Indian Navy’s landing platform dock program, aligning the two shipyards’ roles with India’s ongoing defense modernization priorities.
