Hanwha Philly Shipyard Names Kim Hyeok New CEO: "Applying Geoje Shipbuilding Technology"

Shipbuilding expert from Hanwha Ocean
More than 25 years of experience in commercial and warship construction
Expanding production capacity as U.S. defense business grows

Hanwha Philly Shipyard, Hanwha's U.S. shipyard, has appointed Kim Hyeok, former head of the Smart Vessel Business Center at Hanwha Systems, as its new CEO. The company plans to strengthen production capabilities by applying Hanwha Ocean's shipbuilding technology at the U.S. facility and expand its business beyond commercial vessels to include warships.

Kim Hyuk, newly appointed CEO of Hanwha Philly Shipyard. Hanwha Philly Shipyard

Hanwha Philly Shipyard announced on November 2 (local time) that it had appointed Kim as its new CEO.

Born in 1977, Kim is a shipbuilding expert who graduated from Seoul National University's Department of Naval Architecture and Ocean Engineering and worked at Daewoo Shipbuilding & Marine Engineering and Hanwha Ocean for 25 years. He previously served as head of special ship strategic planning and head of management at Hanwha Ocean, as well as head of the Smart Vessel Business Center at Hanwha Systems.

Kim will be responsible for boosting production capabilities by applying the shipbuilding system used at Hanwha Ocean's Geoje Business Site to Hanwha Philly Shipyard.

The appointment comes as Hanwha Philly Shipyard expands its business beyond commercial vessels to include warship construction. In July, the shipyard won a contract from the U.S. Missile Defense Agency (MDA) to build a Maritime Range Instrumentation Vessel (MRIV). It recently also won a contract to build Medium Landing Ships (LSMs) for the U.S. Navy and Marine Corps.

Kim will report to Tom Anderson, president of the shipbuilding division at Hanwha Defense USA, the U.S. subsidiary of Hanwha Aerospace. Hanwha Defense USA previously acquired a majority stake in Hanwha Philly Shipyard.

Kim said, "Building on the solid foundation established over the past several months since Hanwha acquired the shipyard, I will focus on strengthening operational capabilities, expanding shipbuilding capacity, and developing a workforce capable of supporting both commercial and warship construction."

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