# Hanwha Group **Status: stub — expand.** South Korean conglomerate whose defense, shipbuilding and aerospace arms have become the most aggressive foreign entrant into U.S. naval industrial policy. **Hanwha Ocean and Hanwha Systems closed a $100 million acquisition of Philly Shipyard on December 19, 2024**, after clearing [[CFIUS]] review in September 2024 — positioning the group as a foreign builder of U.S.-flagged hulls at a moment when American shipbuilding capacity is a stated national security priority in both parties. On **September 22, 2025** Hanwha named **[[Alex Wong]]** — Trump's principal deputy national security adviser from January to May 2025 — as its **first Global Chief Strategy Officer**, a newly created role based in Washington, D.C., leading defense, shipbuilding and aerospace strategy in the U.S. and Europe. The hire is a clean instance of the [[Revolving Door]] running to a *foreign* principal whose main customer is the U.S. Navy — a company that had needed U.S. government clearance to buy an American shipyard hiring, ten months later, the man who had been the President's principal deputy national security adviser. ## See Also - [[Alex Wong]] · [[Revolving Door]] · [[Revolving Door Roster]]