TOTE Services, LLC selected Hanwha Defense USA to build one Medium Landing Ship for the U.S. Navy at Hanwha Philly Shipyard, under a $269 million award announced Oct. 30, 2026. The selection followed a competitive process. Work on the vessel is scheduled to begin in the fourth quarter of 2027, with delivery anticipated in 2030.
What it means
The award includes options for three additional vessels. The Medium Landing Ship base contract provides for up to eight new ships.
TOTE Services holds a $2.2 billion Vessel Construction Manager contract supporting the Navy and Marine Corps plan for a 35-ship Medium Landing Ship fleet. TOTE Services remains in contract discussions with Bollinger Shipyards and Fincantieri Marinette Marine.
Hanwha Defense USA recently obtained a controlling interest in Hanwha Philly Shipyard. Hanwha acquired Philly Shipyard in 2024, and the shipyard has delivered four National Security Multi-Mission Vessels through the Vessel Construction Manager model.
Key facts
- $269 million award for one Medium Landing Ship at Hanwha Philly Shipyard.
- Three additional vessels are included as options under the award.
- Construction is scheduled for the fourth quarter of 2027.
- The first vessel is expected to be delivered in 2030.
- The base contract covers up to eight new Medium Landing Ships.
- TOTE Services’ Vessel Construction Manager contract is valued at $2.2 billion.
- The planned Navy and Marine Corps fleet totals 35 Medium Landing Ships.
- Hanwha Philly Shipyard has delivered four National Security Multi-Mission Vessels under the Vessel Construction Manager model.
Source: October 30, 2026 article