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General Dynamics NASSCO and South Korean Shipbuilding Leaders DSEC Co. and Samsung Heavy Industries Co. Sign Tri-Party Memorandum of Agreement

The tri-party agreement combines over 160 years of shipbuilding expertise to enhance U.S. naval and commercial vessel design, including the Navy's Next Generation Logistics Ship.

  • General Dynamics NASSCO signed a tri‑party MOA in San Diego with DSEC Co. and Samsung Heavy Industries to advance shipbuilding, said Dave Carver.
  • Built on decades of U.S.–South Korean teaming, this partnership brings together three companies with combined 160 years of shipbuilding and design experience and DSEC Co., Ltd.'s three decades of U.S. work.
  • Seogyong Youn said, `'This MOA strengthens our long-standing collaboration with General Dynamics NASSCO by combining the capabilities of Samsung Heavy Industries and we look forward to contributing greater value to the U.S. shipbuilding and maritime industry.'`
  • Recent commercial programs show ConRo ships, containerships and medium range tankers designed with DSEC Co., Ltd., while Samsung Heavy Industries is actively building three FLNG units and 120 commercial ships.
  • With SHI now joining NASSCO, the partnership will advance commercial, naval, and government projects, including the U.S. Navy's Next Generation Logistics Ship .
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General Dynamics NASSCO and South Korean Shipbuilding Leaders DSEC Co. and Samsung Heavy Industries Co. Sign Tri-Party Memorandum of Agreement

SAN DIEGO, Dec. 3, 2025 /PRNewswire/ -- General Dynamics NASSCO, a business unit of General Dynamics (NYSE:GD), and its long-term partner, DSEC Co., Ltd., together with Samsung Heavy Industries Co., Ltd. (SHI) of South Korea announced today the signing of…

[Digital Daily Reporter Choi Min-ji] Samsung Heavy Industries is expanding its shipbuilding cooperation with the U.S. to include the joint construction of next-generation military support ships and LNG bunkering vessels. Samsung Heavy Industries announced on the 5th that it signed a three-party business cooperation agreement with U.S. shipbuilder General Dynamics NASSCO and Korean engineering firm DSEC at the World Workboat Show held in New Orle…

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KULR-TV broke the news in Billings, United States on Thursday, December 4, 2025.
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