South Korea's HD Hyundai to decide size of US shipbuilding investment by year-end
28/10/2026 06:04
South Korea's HD Hyundai to decide size of US shipbuilding investment by year-end SEOUL, Oct 28 (Reuters) - South Korean shipbuilding group HD Hyundai 267250.KS said on Wednesday its joint venture with US construction firm Kiewit will target orders from the US Navy for naval logistics support ships.
HD Hyundai plans to finalise the size and structure of a planned US investment by the end of the year, a company official said during an earnings call.
The company is holding talks with the US government and the Navy about the volume of work it could win, and the size of its investment would depend on how much work the company could secure, the official said.
(Reporting by Joyce Lee
Editing by Ed Davies)((joyce.lee@tr.com;))
Recent news on HD Hyundai
See all newsBrief: Hd Hyundai Unit Hd Hyundai Oilbank Q3 Operating Profit 901 Billion Won, Up 371% From Year Earlier
Brief: Hd Hyundai Q3 Operating Profit 2.9 Trln Won, Up 71.5% From Year Earlier
South Korea's HD Hyundai to decide size of US shipbuilding investment by year-end
HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs (updated)
HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs