US military shipbuilding company HII and South Korean shipbuilding major HD Hyundai Heavy Industries (HD HHI) have signed a Memorandum of Understanding (MoU) to explore opportunities and collaborate on accelerating ship production in support of defense and commercial shipbuilding projects.
This strategic partnership aims to leverage the combined expertise and resources of both companies to advance technological innovation, maximize production efficiency, and strengthen the global defense industry. The signing ceremony took place at Sea Air Space, the global maritime expo in North America.
“This partnership marks a new milestone for both of our companies and provides us with the unique opportunity to expand our expertise in shipbuilding,” Won-ho Joo , chief executive of the naval & special ship business unit at HHI, said.
“By working with our shipbuilding allies and sharing best practices, we believe this MOU offers real potential to help accelerate delivery of quality ships,” HII Executive Vice President and President of Ingalls Shipbuilding Brian Blanchette, added.
The efforts applied under the MOU aim to increase the collective maritime industrial base strength of both the U.S. and South Korea.