Hanwha Eyes Billion-Dollar Austal Deal | Mobile News

Hanwha Defense USA is eyeing a blockbuster $1.05B–$1.2B acquisition of Austal USA, aiming to bolster its global defense shipbuilding muscle — despite Austal’s projected $300M losses this year and its current refusal to acknowledge talks. With facilities in Alabama, Nevada, and Vermont, Austal would retain its Australian yards and international operations. The deal, still non-binding but actively being pushed by Hanwha, has the Australian government watching closely as national security and global alliances hang in the balance. Expect more clarity soon. 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/77f22d5ce9617c64