Korea’s shipbuilding industry, recently thrust into the global spotlight amid repeated praise from U.S. President Donald Trump, has grown to match world-class standards over the past six decades — driven by strong government backing under former President Park Chung Hee and bold investments by major conglomerates. (See original article below) Trump's esteem for Korean shipbuilding six decades in the making https://n.news.naver.com/mnews/article/640/0000067986?sid=101

▶ Participated in ‘Bauma 2025’, the world’s largest exhibition, with the ‘HYUNDAI’ and ‘DEVELON’ brands; ▶ Held new model launching events at each company’s booth… Captured industry attention with its debut in advanced European markets; ▶ Exhibited compact equipment and eco-friendly products catering to Europe, spotlighted quality and technology through demo shows HD Hyundai Infracore and HD Hyundai Construction Equipment, subsidiaries of HD Hyundai’s construction equipment business, have entered the European market with their ‘next-generation new model’ that will spearhead the leap to the global top tier. HD Hyundai Construction Equipment and HD Hyundai Infracore participated in ‘Bauma 2025 (hereinafter referred to as Bauma),’ the world’s largest construction equipment exhibition, held in Munich, Germany from the 7th (Monday) to 13th (Sunday), local time. As the world’s largest construction equipment trade expo, Bauma is recognized as a top-three world-renowned construction equipment exhibition that rivals ConExpo in the U.S. and Intermat in France, with over 600,000 visitors expected to arrive at the exhibition during the period it takes place. HD Hyundai Construction Equipment and HD Hyundai Infracore plan to actively utilize this Bauma exhibition as a stage to unveil the next-generation new model as the flagship equipment of both companies throughout Europe, and secure high praise for the competitiveness of the latest compact equipment tailored to the European market and eco-friendly products utilizing next-generation power sources, such as hydrogen and electricity. HD Hyundai Construction Equipment set up a booth at 3,500㎡ (1,040 pyeong) in area for this exhibition with the theme of ‘Intelligent Park’, based on its brand identity (BI) as a motif. Visitors could view and explore firsthand the next-generation new model, cutting-edge smart construction equipment technologies, and over 20 pieces of the newest equipment. Also featured on site was a demonstration event of a hydrogen excavator, which was nominated as a finalist in the climate protection category of the ‘Bauma 2025 Innovation Award’. HD Hyundai Infracore, which adopted a change to the ‘DEVELON’ brand in 2023 and participated in the Bauma for its first time, exhibited a host of products ranging from electrified to specialized equipment, along with its primary lineup of European-tailored compact construction equipment, in a booth at nearly 3,800㎡ (1,130 pyeong) in area. In particular, ‘Real-X’, the commercialized version of the unmanned-autonomous solution ‘Concept-X2’, which was first revealed to Europe at the Intermat exhibition in France last year, was unveiled for the first time, and a collaborative demonstration with Gravis Robotics, with which a joint development agreement (JDA) for autonomous technology was entered, showcased an unmanned excavator collaborating with an articulated dump truck (ADT). On the 7th (Monday), opening day, HD Hyundai Construction Equipment and HD Hyundai Infracore each arranged an ‘Unveiling Showcase’ at their separate booths, and during a demo show, the excellent performance and quality of the next-generation new model, which was conceived by integrating the technological strengths of both companies, were spotlighted for the first time in Europe. An HD Hyundai Xite Solution official said, “We have exerted our best efforts for the past three years to prepare for the launch of our next-generation new model and participation in Bauma to challenge the strongholds of top-tier legacy brands,” and added, “We will convincingly demonstrate HD Hyundai’s technology and the true worth of the next-generation new model on a stage bustling with both international customers and industry experts.” Full view of the HD Hyundai Construction Equipment booth at Bauma 2025 Full view of the HD Hyundai Infracore booth at Bauma 2025  

• HD Hyundai Heavy Industries and Huntington Ingalls Industries signed MOU at 'SAS 2025' in Washington D.C. - The MOU outlines collaboration to improve shipbuilding productivity, optimize costs and delivery times, and enhance shipyards digitization • The partnership between leading shipbuilding companies from South Korea and the United States is expected to serve as a catalyst for reinforcing bilateral relations • Huntington Ingalls Industries emphasized that the signing marks "A pivotal first step in fostering collaboration between allied nations to strengthen shipbuilding capabilities." HD Hyundai is accelerating its expansion into the U.S. market through the formation of a strategic shipbuilding partnership with Huntington Ingalls Industries (HII), the largest defense shipbuilding company in the U.S. On April 7th (local time), HD Hyundai announced the signing of a Memorandum of Understanding (MOU) with Huntington Ingalls Industries to improve shipbuilding productivity and foster advanced technological cooperation. The signing ceremony took place at the Huntington Ingalls Industries booth during the Sea Air Space 2025 (SAS 2025) exhibition in Washington, D.C. The ceremony was attended by Joo Wonho, Chief Executive of the Naval and Special Ship at HD Hyundai Heavy Industries, and Brian Blanchette, President of Ingalls Shipbuilding. Huntington Ingalls Industries operates Ingalls Shipbuilding, the largest shipyard for surface combatants in the U.S., located in southern Mississippi. This shipyard is responsible for the construction of two-thirds of the U.S. Navy's recently ordered Aegis destroyers, as well as the entire fleet of large amphibious assault ships and national security cutters. Under the terms of the MOU, both companies will combine their expertise in warship construction to optimize shipbuilding productivity. The collaboration will also focus on sharing best practices to reduce construction costs and optimize delivery times. This partnership further aims to advance the integration of process automation, robotics, and artificial intelligence (AI) in the development of digital shipyards, alongside workforce strategy and components outsourcing. In line with these goals, both parties are also exploring opportunities for future joint investments. This MOU is particularly significant as it marks the first collaboration between two leading shipbuilding companies from Korea and the U.S., both of which have the capability to construct the world's most advanced Aegis ships. The partnership is expected to act as a key catalyst in strengthening the shipbuilding alliance and fostering greater trust between the two countries. Joo Wonho, Chief Executive of the Naval and Special Ship at HD Hyundai Heavy Industries, remarked that "By collaborating with the representative shipbuilding companies of our allied nations, we aim to enhance the shipbuilding capacities and capabilities of both nations and, furthermore to contribute to the strengthening of bilateral security cooperation." Brian Blanchette, President of Ingalls Shipbuilding, stated that "This agreement marks a pivotal first step in enhancing shipbuilding capabilities through cooperation between allied nations. By combining our expertise, we will make a meaningful contribution to the construction of high-quality ships that will support the global national security."