Hanwha currently holds a 9.9 per cent equity position in Austal, and a further 9.9 per cent economic interest through a cash settled total return swap. Hanwha has applied to Australia’s Foreign ...

But the ASX-listed shipbuilder said the approval from US foreign investment officials claimed by the Korean conglomerate was ...

South Korea’s top defense contractor, Hanwha Group, has cleared a major regulatory hurdle in its effort to enter the U.S.

Investors were buying up shares in this Australian global defence shipbuilder today. The post Austal share price smashes new ...

Hanwha Group, which seeks U.S. and Australian regulatory approval to increase its stake in Austal to 19.9% from 9.9%, said Tuesday that the Committee on Foreign Investment in the U.S. had cleared the ...

Richard Spencer served for two years as Secretary of the Navy and was promoted to Secretary of Defense during the first Trump administration. Then he was fired after getting crossways with ...

Hanwha Group received the OK from the U.S. Committee on Foreign Investment (CFIUS) to increase its shareholding in Australian ...

Hanwha has received approval from the Committee on Foreign Investment in the United States (CFIUS) to go to 19.99 per cent or ...

Growing concern surrounds delays to a Western Australian project to build army water landing craft, amid fears other ...

The 338-foot-long aluminum catamaran is the second naval vessel to bear the seaside San Diego community's name.

The turnaround in earnings reflected improved earnings performance from USA shipbuilding operations as well as a strong contribution from Austal’s support business. Austal Chief Executive ...

For Austal, there definitely are big opportunities with risk spots. Starting with the risks, since Austal does business in various parts of the world there is some currency exposure, mostly in the ...