HD HHI and Hanwha Ocean, which compete fiercely in the warship business, intend to initially focus on establishing a presence in maintenance, repair, and overhaul (MRO) services in the U.S. In the long term, they plan to expand their businesses gradually in the United States to secure warship contracts. To achieve this goal, they are actively working to secure local shipyards, which is a preliminary step.
According to market research firm Mordor Intelligence, the global naval ship MRO market is projected to reach $57.76 billion (approximately 78 trillion won) this year, with the U.S. market alone contributing around 20 trillion won (approximately $14.52 billion) annually.