Hanwha Group offers up to 1.2 billion dollars for Austal USA’s shipbuilding operations and the Maritime Administration awards 35 million dollars to 45 small shipyards across 24 states. Plus Vigor delivers the Army’s first production Maneuver Support Vessel.
This Week’s Stories
Hanwha offers up to $1.2 billion for Austal USA
The South Korean conglomerate has made a nonbinding offer to acquire Austal’s U.S. shipbuilding operations — the Alabama-based builder of Navy and Coast Guard vessels — in a move that could reshape U.S. defense shipbuilding.
Read the full story →Marad awards $35.2 million to 45 small shipyards
The Maritime Administration has awarded 35.2 million dollars to 45 shipyards across 24 states and the U.S. Virgin Islands through the 2026 Small Shipyard Grant Program — a 300 percent increase over previous rounds.
Read the full story →Vigor unveils first production Maneuver Support Vessel for the U.S. Army
Vigor Marine Fabrication in Vancouver, Washington has unveiled Craney Island — the first production Maneuver Support Vessel for the U.S. Army — with delivery scheduled for this fall and three more hulls currently under construction.
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