# Hanwha proposes $1.2B acquisition of Austal's U.S. division

Hanwha has proposed a $1.2 billion acquisition of Austal's U.S. division. The announcement was made on August 10, 2026.

- Type: Acquisition
- Announced: 2026-08-10
- Where: United States
- Value: $1.20B
- Status: announced
- Products: shipbuilding
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Hanwha](https://endata.com/companies/8471.md) (acquirer)
- [Austal](https://endata.com/companies/32654.md) (target)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2026081108593518854), 2026-08-10: "Hanwha Proposes $1.2 Billion Acquisition of Austal's U.S. Division"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.