“Hanwha Defense USA has made a preliminary, non-binding offer to acquire Austal's US business.”

gCaptain · Aug 9 · Hanwha bids up to $1.2B for Austal USA amid shipyard's $175M loss

“Hanwha has made it a priority to significantly contribute to revitalizing American shipbuilding and is exploring a range of options to expand our footprint in the United States.”

gCaptain · Aug 9 · Hanwha bids up to $1.2B for Austal USA amid shipyard's $175M loss

“Any deal will be contingent on due diligence that permits a thorough evaluation of Austal USA's operations and financials, including newly disclosed information”

Breaking Defense · Aug 9 · Hanwha bids up to $1.2B for Austal USA amid shipyard's $175M loss