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3w ago

HD Hyundai Wins First US Navy Overhaul Contract Under MASGA Initiative

Work on the 41,000-ton dry cargo ship starts in September at Ulsan dockyard with November delivery to the U.S. Navy.

The USNS Alan Shepard with the destroyer USS Gravely. Photo by Merissa Daley
Scheduled overhaul of the 41,000-ton dry cargo and ammunition ship Alan Shepard of the U.S. 7th Fleet (Military Sealift Command Photo)
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Overview

  • The contract covers maintenance, repair and overhaul of USNS Alan Shepard, a Lewis and Clark-class dry cargo and ammunition vessel assigned to the Navy’s 7th Fleet.
  • MRO operations at HD Hyundai Mipo dockyard will include propeller cleaning, tank inspections and equipment diagnostics.
  • This award is the inaugural project under South Korea’s US$150 billion MASGA shipbuilding cooperation initiative following a tariff cut to 15 percent.
  • HD Hyundai has forged strategic partnerships this year with Huntington Ingalls Industries and Edison Chouest Offshore to deepen collaboration on naval and commercial ship construction.
  • The deal reflects a strategic shift toward leveraging allied industrial capacity to bolster U.S. fleet readiness within broader U.S.–South Korea maritime cooperation.