National Security Multi-Mission Vessel (NSMV) Construction Project at Hanwha Philly Shipyard
Sector: Seaport • Location: Philadelphia, Pennsylvania, United States
Source: Seoul Economic Daily
Hanwha Philly Shipyard is set to construct National Security Multi-Mission Vessels (NSMV) for the US Maritime Administration. The project is valued at $1.5 billion and is expected to create over 2,000 local jobs in Pennsylvania. Hanwha acquired Philly Shipyard in December 2024 and has already delivered three NSMVs, including the "State of Maine." The project symbolizes the "Make American Shipbuild
- Status
- Closed
- Sector
- Seaport
- Location
- Philadelphia, Pennsylvania, United States of America
- Updated
- 22 Jul 2026
- Source
- Seoul Economic Daily
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
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Description
Description | Hanwha Philly Shipyard is set to construct National Security Multi-Mission Vessels (NSMV) for the US Maritime Administration. The project is valued at $1.5 billion and is expected to create over 2,000 local jobs in Pennsylvania. Hanwha acquired Philly Shipyard in December 2024 and has already delivered three NSMVs, including the "State of Maine." The project symbolizes the "Make American Shipbuilding Great Again" initiative and involves cooperation between South Korea and the US in shipbuilding. |
Original sector | Maritime |
Budget |
Location
Country | United States of America (USA) |
State | Pennsylvania |
City | Philadelphia |
Source
Source | Seoul Economic Daily |
URL |
More Details
Record type | Project |
Sector | Seaport |
Article published date | 2026-07-18 |
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