South Korea’s three leading shipbuilders announced more detailed plans this month to cooperate with the Pentagon and revitalize American shipbuilding.
Representatives of South Korean industrial titans Hanwha, Samsung and HD Hyundai Heavy Industries shared new insights about their work with the U.S. Navy during Korea Investment Week, which took place in Seoul from Sept. 9 to 12. The effort has become known as MASGA, or “Make American Shipyards Great Again.”
Each company is planning major shifts in current shipyard operations, The Korea Economic Daily first reported .
As the U.S. seeks to expand its maritime power to keep pace with an increasingly aggressive China , South Korean manufacturers are stepping in to help kick-start the effort.
HD Hyundai made a major industrial win with t