Acquiring Company
Hanwha Defence USA
Acquired Company
Austal Limited
Philadelphia
AustraliaManufacturingAerospaceGovernmentDescription
Hanwha Defence USA has proposed an acquisition of Austal's American operations, valuing it at approximately US$1.05 to US$1.2 billion. This follows preliminary discussions with Florida's Wildcat Infrastructure, indicating a competitive acquisition environment. Hanwha has been granted exclusive due diligence to solidify its proposal. The outcome will notably impact Austal's strategic positioning in the defense market.
Don't miss Hanwha Defence USA's next move
Get an email the moment Hanwha Defence USA makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Austal Limited?
Austal Limited was acquired by Hanwha Defence USA, based in Philadelphia. The deal was reported on September 8, 2026. Hanwha Defence USA is a subsidiary of the Hanwha Group, focusing on defense solutions. The company aims to provide advanced military equipment and technologies. Hanwha Defence USA is privately held and operates in Manufacturing.
When did Hanwha Defence USA acquire Austal Limited?
Hanwha Defence USA's acquisition of Austal Limited was reported on September 8, 2026. Hanwha Defence USA has proposed an acquisition of Austal's American operations, valuing it at approximately US$1.05 to US$1.2 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Austal Limited do?
Austal Limited, headquartered in Australia, is a globally recognized designer and builder of defence vessels for the Australian and US navies. It is privately held, operating in Government, and is based in Australia.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.