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Hanwha Philly Shipyard Selected to Build US Navy Medium Landing Ship (LSM)

TOTE Services has awarded Hanwha Defense USA a $269 million contract to build the U.S. Navy's first Medium Landing Ship at the Hanwha Philly Shipyard in Philadelphia. This deal marks the first time Hanwha Group has secured a warship construction order from the United States Navy following its acquisition of the Philadelphia-based yard. The agreement demonstrates a new acquisition approach by the Navy, utilizing commercial management through TOTE Services to oversee construction of the Marine Corps landing ship. Additional shipyard selections for the program are planned as part of the broader shipbuilding initiative.

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  • ✓ TOTE Services selected Hanwha Defense USA to build the U.S. Navy's first Medium Landing Ship at Hanwha Philly Shipyard in a $269 million deal.
  • ✓ This contract represents the Hanwha Group's first warship order from the United States Navy after acquiring the Philadelphia-based shipyard.
🛡️ Source Corroboration: 20 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Hanwha Philly Shipyard was formally selected and awarded a $269 million contract to construct the U.S. Navy's first Medium Landing Ship.

Live updates

  1. Hanwha Philly Shipyard Wins US Navy Medium Landing Ship Contract

    TOTE Services has awarded Hanwha Defense USA a $269 million contract to build the U.S. Navy's first Medium Landing Ship at the Hanwha Philly Shipyard in Philadelphia. This deal marks the first time Hanwha Group has secured a warship construction order from the United States Navy following its acquisition of the Philadelphia-based yard. The agreement demonstrates a new acquisition approach by the Navy, utilizing commercial management through TOTE Services to oversee construction of the Marine Corps landing ship. Additional shipyard selections for the program are planned as part of the broader shipbuilding initiative.

    Why it matters

    The contract brings naval shipbuilding back to Philadelphia in a significant multi-million dollar agreement. The award reflects a broader U.S. defense strategy of incorporating international maritime expertise and private industry capacity to rebuild domestic naval fleets. TOTE Services identified Hanwha Defense USA to execute the initial construction phase for the Marine landing ship project.

    What is confirmed

    • TOTE Services selected Hanwha Defense USA to build the U.S. Navy's first Medium Landing Ship at Hanwha Philly Shipyard in a $269 million deal.
    • This contract represents the Hanwha Group's first warship order from the United States Navy after acquiring the Philadelphia-based shipyard.

    What to watch next

    • Announcements regarding additional shipyard selections by TOTE Services for the Medium Landing Ship program.
    • Progress updates on the construction of the lead Medium Landing Ship at the Hanwha Philly Shipyard.
    Sources used for this update (21)
    1. en.sedaily.com — NAVER Map Navigation Comes to AI Glasses From Meta, Google, Samsung - Seoul Economic Daily
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    3. www.koreaherald.com — S. Korean ambassador to Ukraine returns home amid dispute over N.K. POW disclosure
    4. news.usni.org — USNI News - Maritime News and Analysis
    5. WSJ — The U.S. Shipbuilding Revival Is Taking Lessons Halfway Around the World
    6. www.ajupress.com — Two Koreas return to UN after déjà vu DMZ mine crisis
    7. mbiz.heraldcorp.com — Microsoft to offer voluntary buyouts to 60,000 workers after cutting 4,800 jobs
    8. Naval News — Hanwha Philly Shipyard Selected to Build US Navy Medium Landing Ship (LSM)
    9. USNI News — Hanwha Philly Shipyard to Build Navy Landing Ship Mediums
    10. Inquirer.com — Navy shipbuilding returns to Philly in $269 million deal for a Marine landing ship
    11. PR Newswire — TOTE Services Identifies Hanwha Defense USA for Medium Landing Ship Construction; Additional Shipyard Selections Planned
    12. Breaking Defense — Navy flexes new acquisition muscles with TOTE’s $269M LSM award to Hanwha
    confidence 100%
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