Hanwha Group/Austal USA: Bid for U.S. Navy Shipbuilder Could Face Heavy Seas, Including Whether Trump’s Anger at South Korea Will Complicate Deal

South Korean shipbuilder Hanwha Group’s (KRX: 000880) $1.2 billion bid earlier this month to acquire the U.S operations of Australia’s Austal Limited (ASX: ASB) could be complicated by geopolitics and the Department of Defense’s tough new attitude toward foreign acquisitions of military contractors.

Published on Aug 25, 2026

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