Hanwha Signs US$300 mln Deal to Buy U.S. Aircraft Engine Maker EDAC

SEOUL, Jun. 10 (Korea Bizwire) — Hanwha Aerospace Co., the aircraft engine making unit of defense and finance conglomerate Hanwha Group, said Monday it had signed a deal worth 350 billion won (US$300 million) to buy a U.S. aircraft engine maker in its latest expansion strategy. Under the deal, Hanwha Aerospace will acquire a 100 [...]