Dec. 26 (Asia Today) -- Hanwha Group is positioning itself as a central player in the United States' drive to revive its shipbuilding industry, with its Philadelphia shipyard emerging as a key operational base for Washington's plan to restore naval power under President Donald Trump's so-called "Golden Fleet" initiative.
Hanwha hosted a media day on Dec. 22 at its Hanwha Philly Shipyard in Pennsylvania, showcasing not just facilities but what executives described as a ready-to-execute platform aligned with U.S. national strategy to rebuild shipbuilding capacity and strengthen naval forces.
The significance of the site was underscored the same day when Trump publicly announced his Golden Fleet vision - aimed at countering China's expanding naval power - and explicitly cited cooperation with South Korean conglomerate Hanwha. Trump recalled that during World War II, the United States built more than four ships a day on average, vowing to restore that capability.
Industry officials say the Philadelphia shipyard represents the point where political ambition meets practical execution.
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