Event Brief
Jul 23, 2026 at 7:11 PM ET
HD Hyundai, Hanwha Ocean pursue Saudi naval ship projects
By The BriefBrief
HD Hyundai Heavy Industries and Hanwha Ocean plan separate bids for Saudi frigate and submarine projects worth up to $5.4 billion.
WHO: HD Hyundai Heavy Industries and Hanwha Ocean
WHAT: Separate pursuit of Saudi frigate and submarine shipbuilding projects
WHEN: Jul 23, 2026 at 6:24 PM ET
WHERE: Saudi Arabia
WHY: To pursue Saudi frigate and submarine projects potentially worth $5.4 billion
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