Fairbanks Morse Defense (FMD),and HD Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MOU) to explore opportunities for collaboration on future international Navy initiatives. The signing ceremony took place at
MOU was signed by George Whittier, CEO of Fairbanks Morse Defense, and Won-ho Joo, chief executive of naval and special ships at HD Hyundai Heavy Industries.
Fairbanks Morse Defense (FMD),and HD Hyundai Heavy Industries (HHI) have signed a Memorandum of Understanding (MOU) to explore opportunities for collaboration on future international Navy initiatives. The signing ceremony took place at the Fairbanks Morse Defense booth at Sea-Air-Space on April 8, 2025, and was signed by Won-ho Joo, chief executive of naval and special ships at HD Hyundai, and George Whittier, CEO of Fairbanks Morse Defense.
“The U.S. is signaling to the world that it’s ready to reestablish itself as a shipbuilding nation, and global companies are eager to be part of that effort by working with the American industrial base,” said Whittier. “This MOU allows both our companies to
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