The first three Mogami-class ships will be built by MHI in Japan. (Image: MHI/Australian Department of Defence)
The Australian government has approved Korean company Hanwha’s long-standing application to increase its stake in Western Australian shipbuilder Austal to 19.9%.
“Today I have agreed to the clear recommendation from the Foreign Investment Review Board to not object to Hanwha’s proposal to increase its shareholding in Austal Limited from 9.9% to 19.9%, subject to strict conditions,” said Australian Treasurer Jim Chalmers.
This decision is likely to raise eyebrows at Japanese company Mitsubishi Heavy Industries (MHI). Austal has been nominated by the Australian Department of Defence (DoD) as the builder of up to eight Japanese upgraded Mogami-class frigates under Project SEA 3000
Already have an account? Log in
The presence of the USS Abraham Lincoln Carrier Strike Group in the Persian Gulf means additional naval and aerial capabilities, which provides the US with multiple attacking options.
The US Navy’s acceleration of its laser weapon development initiatives reflects a decisive shift towards ultimately having a “laser on every ship” across tomorrow’s surface fleet.
The new frigate class’s focus on modularity, speed to build and enhanced armament align with the priorities of the US Navy’s Golden Fleet.
The US Navy is set to invest $30 billion in artificial intelligence, cyber, space and autonomy research and development efforts in FY2026 as the force rethinks how it fights in light of China’s naval rise.
The US Coast Guard is expected to acquire new aircraft, helicopters, vessels and ISR sensors this fiscal year using resources from the One Big Beautiful Bill Act.
Recent developments in France and the UK highlight how autonomous helicopters are becoming central to naval force design as navies seek to integrate crewed and uncrewed systems at sea.
Connect with us on socials
