Top US, South Korean shipbuilders partner to bolster vessel production

America’s largest naval shipbuilder, HII, reached an agreement Monday to partner with South Korea’s HD Hyundai Heavy Industries to boost shipbuilding across numerous vessel classes.

The landmark agreement, signed as a memorandum of understanding at the Navy League’s Sea-Air-Space Symposium at National Harbor, Maryland, covers not only military but commercial shipbuilding efforts, according to a HII press release.