A South Korean shipbuilder this week purchased a stake in the Australian company that owns one of the major U.S. naval ...

Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder of ...

Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover, saying it now aims ...

Saildrone, Alameda, Calif., has entered a strategic partnership with Palantir Technologies to integrate artificial ...

It is capitalised at $1.6 billion on the ASX and shares have more than doubled in the past year, including a 45 per cent gain ...

Energy-to-defense giant set to become largest shareholder of key vessel supply to US Navy South Korean conglomerate Hanwha ...

Rep. Darrell Issa suggested Thursday that San Diego would be the “ideal" location for the new White House Office of ...

The conglomerate had walked away from the Perth-headquartered company in September. It was in the market for 9.9 per cent of ...

Austal’s share price soared almost 9 per cent on Tuesday following Monday night’s raid by the ship builder’s persistent ...

Hanwha also wants a seat on the board of Austal, which has been anointed as Australia’s preferred navy shipbuilder on the west coast and is already a supplier to the US Navy. One week ago ...

Austal chairman Richard Spencer has blasted South Korea’s Hanwha Group over its renewed attempts to gain control of the navy ...