Seoul, South Korea CNN —
America’s largest military shipbuilder has signed a deal with a South Korean company that experts say could be a big step in helping the US Navy build new warships to keep pace with rival China in fleet size.
Virginia-based HII (Huntington Ingalls Industries) and South Korea’s Hyundai Heavy Industries inked the memorandum of understanding (MOU) on Monday at a defense exhibition in Maryland.
“Today’s agreement reflects our commitment to explore all opportunities to expand US shipbuilding capacity in support of national security,” HII Executive Vice President Brian Blanchette said at
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