Pennsylvania Business Report

Philly Shipyard company wins U.S. Navy landing ship contract

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By Liz Carey  |  November 3, 2026

Hanwha Defense USA, operating out of the Philadelphia Shipyard, has been selected by TOTE Services to build the U.S. Navy's first Medium Landing Ship under a $269 million contract, with options for three additional vessels. The deal marks the first U.S. Navy warship construction contract for Hanwha since it acquired the Philadelphia yard in 2024. TOTE Services, a leading U.S. maritime services company, chose Hanwha after issuing a competitive request for proposals to qualified U.S. shipyards...

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