America’s largest military shipbuilder has signed a deal with a South Korean company that experts say could be a big step in helping the US Navy build new warships to keep pace with rival China in fleet size.
 

Virginia-based HII (Huntington Ingalls Industries) and South Korea’s Hyundai Heavy Industries inked the memorandum of understanding (MOU) on Monday at a defense exhibition in Maryland.

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US and South Korean warship makers sign deal that could help narrow naval race with China