Donald Trump, Venezuela and shipbuilding
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U.S. shipbuilding lags the world and hasn't experienced a boom since World War II, but foreign companies with expertise are helping the industry get up to speed, in particular South Korea's Hanwha. The U.
Lawmakers are allowing the Navy flexibility in how it purchases the next two aircraft carriers and five ballistic missile submarines, according to the text of the defense policy bill. The Fiscal Year 2026 National Defense Authorization Act approves incremental funding authority for the Navy to buy both the next two Ford-class aircraft carriers and five Columbia-class ballistic missile submarines.
Huntington Ingalls Industries ( HII) on Monday rose as much as 3.9% to a record high after reports that President Donald Trump is set to make a shipbuilding-related announcement alongside senior Pentagon and Navy officials, fueling expectations of increased naval investment.
HD Korea Shipbuilding & Offshore Engineering said Thursday it presented a "shipbuilding technology roadmap" and first-year research outcomes.
U.S. Navy partners with Palantir to modernize shipbuilding supply chain and accelerate adoption of AI and autonomous technologies.
A milestone in the construction of the Virginia-class submarine, USS Oklahoma. HII announced that its Newport News Shipbuilding division has completed all of the hull sections and is now “a single, watertight unit.
Japan's shipbuilding industry is moving to rebuild after a prolonged slump, with the government establishing a $6.42 billion support fund.
The Navy is making a massive bet on cutting-edge technology to modernize its fleet, pumping $448 million into AI and autonomous systems to supercharge shipbuilding efforts.
In a boost to Greek shipbuilding industry, ONEX Shipyards has signed an agreement for the construction of two next-generation tugboats.
Ship repair is emerging as the next growth theme in India's maritime sector, driven by rising MRO demand, expanding facilities, stronger order visibility, and a market shifting focus toward execution.
India’s defence shipbuilding sector is poised for sustained growth, backed by Rs. 2.3 trillion (US$ ~27.7 billion) project visibility, a historic maritime stimulus, and accelerating naval modernisation,