Hanwa Group, a South Korean chaebol, said it is preparing to build nuclear-powered submarines for the U.S. Navy in Philadelphia, including expanding the workforce, increasing capacity, adding facility investments, and advancing technology transfer. Hanwa held a press conference at its Hanwa Philadelphia Shipyard on Monday, stating that it has the capability to build nuclear submarines within the U.S. Just hours earlier, Trump specifically mentioned that Hanwa would collaborate with the U.S. Navy to build a new frigate and mentioned his plan to invest $5 billion in expanding the shipyard. Hanwa executives said the U.S. determination to build nuclear submarines was "very strong," and the shipyard could help the U.S. achieve its goal of building 66 Virginia-class attack submarines by 2054; currently, the U.S. annual construction rate falls short of the required level. Hanwa also stated that if it receives a nuclear submarine order, it will rely on its experience in the supply chain in Geoje, South Korea, and may bring Korean subcontractors into the global system, while also providing technical and human resources support for future nuclear submarine projects in the South Korean Navy.
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Original article: toutiao.com/article/1852626764506121/
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