According to a report from Asia Today, South Korea has secured 51.1 per cent of all orders placed in the first quarter of this year to recapture its top standing in the industry from China, a government report showed today.
(Source: Asia Today)
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The US Navy has awarded General Dynamics Electric Boat a $23.6 million contract to continue development work on the Ohio-class replacement nuclear submarine, General Dynamics said in a press release.
The keel of the Tallink’s new LNG-powered fast ferry Megastar was laid at the Meyer Turku shipyard
The hull assembly of Tallink’s new fast ferry Megastar started
U.S. Deputy Defense Secretary Robert Work said the Pentagon's plan to truncate the Littoral Combat Ship program at 40 ships instead of 52 reflected budget pressures