South Korean Shipbuilders First to Benefit from Trump’s Plan to Keep US Navy Afloat The White House memo allowing foreign shipbuilders with US investments to construct vessels for the American Navy has sent shockwaves through the defense industry.
The implications are far reaching and complex, but one thing is clear: South Korean shipbuilders, particularly Hanwha Ocean, are poised to reap the rewards of this policy shift.
The Indo Pacific region has been a hotbed of strategic competition between the US and China for years.