PLANO, TX, Nov 4, 2025 – Siemens Digital Industries Software has signed a memorandum of understanding (MoU) with HD Hyundai to modernize commercial shipbuilding in the United States. Siemens’ Xcelerator platform will act as the digital foundation for shipyard operations and vessel production, combining model-based systems engineering (MBSE) and product lifecycle management (PLM) tools to enhance efficiency, lower costs, and strengthen the nation’s shipbuilding capability.
“This agreement brings together global shipbuilding excellence and Siemens’ proven digital transformation technologies to help U.S. shipyards build smarter, faster and be more resilient,” said Robert Jones, chief revenue officer, Siemens Digital Industries Software. “By combining our digital backbone with HD Hyundai’s advanced engineering, we are enabling the revitalization of American shipbuilding and supporting the creation of a sustainable, future-ready workforce.”
“Maximizing production efficiency through digital and automation technologies is key to the reconstruction of the U.S. shipbuilding industry,” said Sangmin Moon, executive vice president – global strategy division, HD Hyundai. “HD Hyundai’s accumulated shipbuilding technology and Siemens’ digital capabilities will contribute to creating new opportunities for the U.S. shipbuilding industry.”
The agreement also supports efforts to strengthen U.S. maritime leadership and create future opportunities. HD Hyundai and Siemens plan to promote the Siemens Xcelerator platform and explore ways to expand digital shipyard initiatives in overseas markets. In line with U.S. maritime policy goals, Siemens and HD Hyundai will support workforce training, cybersecurity, and industrial base resilience, to ensure shipbuilders are equipped for a digital future.
The two companies will:
- Collaborate to restore engineering skills and strengthen the U.S. shipbuilding workforce through training programs
- Promote digital transformation and automation of U.S. shipyards through pilot projects that validate digital workflows
- Explore investment and technology initiatives to strengthen the U.S. maritime industry and expand business opportunities
- Form joint governance and working groups to align with U.S. laws and priorities
- Expand the cooperative model to allied shipyards abroad to strengthen global competitiveness
The MoU is effective immediately and will guide collaborative efforts over the next year, with options to extend and commercialize based on results.
Source: Siemens
About Siemens Digital Industries Software
Siemens Digital Industries Software, a business unit of Siemens AG, delivers industrial software, hardware and services through the Siemens Xcelerator business platform to help organizations of all sizes achieve digital transformation. Its portfolio spans product lifecycle management, electronic design automation, simulation and digital twin technologies, manufacturing operations management, and low-code application development. The company serves industries including aerospace and defense, automotive, electronics and semiconductors, machinery, medical devices, and process manufacturing. Founded in 1963 as United Computing, it became Siemens PLM Software in 2007 before adopting its current name. Headquartered in Plano, Texas, Siemens Digital Industries Software generates an estimated $3.9 billion in annual revenue and enables companies to optimize design, engineering, and manufacturing processes – from chips to complex systems – to create sustainable products for the future.
About HD Hyundai
HD Hyundai is a South Korean conglomerate that provides shipbuilding, offshore engineering, heavy equipment, industrial machinery, energy, and petrochemical services, along with smart energy and robotics solutions. The company serves industries such as marine mobility, oil and gas, petrochemicals, construction, infrastructure, and digital industrial systems. Founded in 1972 with its first shipyard in Ulsan, South Korea, HD Hyundai has grown into a global industrial leader. For fiscal year 2023, the company reported consolidated revenue of about KRW 61 trillion (approx. $49B).