AGP Executive Report
Last update: 6 hours agoShipbuilding: Hanwha Defense USA won a $269 million contract for a medium landing ship at Philadelphia’s Philly Shipyard, its first U.S. Navy vessel order since acquiring the yard. Construction is due to start in late 2027, with options for three more ships. Advanced Manufacturing: Hydro broke ground on a $53.5 million extrusion press at its Cressona plant. The automated, energy-efficient equipment will replace 1950s-era machinery, with operations expected in 2028. Gene Therapy: Philadelphia-based Latus Bio reported promising preclinical results for engineered gene-therapy capsids targeting the brain, spinal cord and kidneys, including performance above AAV9 in tests. AI Infrastructure: Data-center proposals are drawing scrutiny over electricity costs, water use and community input. A proposed campus on former mining land in Newport Township has zoning approval and plans for on-site power. Digital Utilities: Chambersburg is using GIS tools to map and manage municipal water, electric and other infrastructure, while moving its data onto borough-owned servers.
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