S. Korea's HD Hyundai in talks to buy U.S. shipyard

Excerpt taken from Reuters reporting: S. Korea’s HD Hyundai in talks to buy U.S. shipyard

"South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry. The world's largest shipbuilder based on orders is targeting 3 trillion won ($2.2 billion) in annual revenue by 2035 from building warships for the U.S. Navy, said Woo-maan Jeong, head of planning and management for HD Hyundai's (329180.KS), opens new tab naval and special ship unit, in an interview at its Ulsan headquarters."