Hanwha Eyes Austal USA Acquisition | Mobile News

Hanwha Defense USA is eyeing a major move, offering between $1.05B and $1.2B to buy Austal USA on a cash-and-debt-free basis — a bold play to revitalize American shipbuilding. The deal’s still preliminary, with Hanwha racing against a four-week due diligence clock to scrutinize contracts, government ties, and finances before submitting a final offer. While Austal’s board stays tight-lipped, local chambers note Austal’s long-standing economic impact in Mobile. Watch this space — the next chapter could reshape U.S. defense manufacturing. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e098e67fb30c018d