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2d ago

HD Hyundai Heavy Industries Wins First U.S. Navy MRO Contract for USNS Alan Shepard

The Ulsan dockyard will service the 41,000-ton cargo ship from September to November as the inaugural deal under Seoul’s $150 billion Make American Shipbuilding Great Again initiative following a reciprocal tariff cut

The USNS Alan Shepard with the destroyer USS Gravely. Photo by Merissa Daley
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TK

Overview

  • HD Hyundai Heavy Industries secured the contract on August 6 to perform maintenance, repair and overhaul work on the USNS Alan Shepard, a Lewis and Clark-class dry cargo vessel
  • Overhaul operations—including propeller cleaning, tank maintenance and equipment inspections—will be carried out at HD Hyundai Mipo Dockyard in Ulsan, with delivery slated for November 2025
  • This is the first U.S. Navy MRO order for a South Korean shipbuilder since Seoul and Washington agreed to lower reciprocal tariffs from 25 percent to 15 percent
  • The project represents the maiden award under the Korean government’s proposed $150 billion MASGA framework aimed at revitalizing American shipbuilding
  • HD Hyundai bolstered its bid through strategic partnerships this year with U.S. defense shipbuilder Huntington Ingalls Industries and commercial shipbuilder Edison Chouest Offshore