SEOUL, Jan. 23 (Korea Bizwire) –Hanwha Aerospace Co., widely viewed as a leading contender for a major Norwegian long-range rocket procurement project, could end up securing the deal in the very near future following a vote by the Norwegian parliament on the multibillion-dollar project early next week, industry watchers said Friday. An authorization bill for [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korean defense company Hanwha Aerospace Co. said Tuesday it has signed a 5.6 trillion-won (US$4 billion) contract with Poland’s arms procurement agency to supply Chunmoo multiple launch rocket systems. The Polish Armament Agency and a consortium comprising Hanwha Aerospace and Hanwha-WB Advanced System (HWB) signed the third-stage deal [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Monday it will participate in a biennial international defense exhibition in Egypt this week to showcase its flagship K9 howitzer and Chunmoo rocket system. The Egypt Defence Expo (EDEX) 2025 will take place from Monday (local time) through Thursday in Cairo, [...]
SEOUL, Oct. 10 (Korea Bizwire) – Hanwha Aerospace Co., a leading South Korean defense firm, has awarded a US$71 million contract to Electro Optic Systems (EOS) Ltd. of Australia to supply remote weapons system (RWS) units for Canberra’s next generation infantry fighting vehicle (IFV) program. Under the agreement with Hanwha Defence Australia, a subsidiary of [...]
SEOUL, Sept. 8 (Korea Bizwire) — Defense giant Hanwha Aerospace Co. said Monday it has signed a 270 billion-won (US$194.1 million) deal with the state arms procurement agency to mass produce explosive detection robots starting this year. Under the agreement with the Defense Acquisition Program Administration (DAPA), the remote-controlled robots will be capable of detecting [...]
SEOUL, Aug. 14 (Korea Bizwire) — Hanwha Aerospace Co., a major South Korean defense firm, has signed an agreement to export its homegrown K9 self-propelled howitzers to Vietnam, marking the first arms sale to the Southeast Asian country, industry sources said Thursday. Under the government-to-government deal worth US$250 million concluded last month, Hanwha Aerospace will [...]
SEOUL, June 26 (Korea Bizwire) — Hanwha Aerospace Co. said Thursday it has signed a 623.2 billion-won (US$459.3 million) follow-up contract with the state defense procurement agency to supply engines for South Korea’s next-generation KF-21 fighter jets. The agreement with the Defense Acquisition Program Administration (DAPA) builds on a previous engine supply deal worth 556.2 [...]
SEOUL, June 2 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Monday it has participated in the Shangri-La Dialogue, a major international security forum held annually in Singapore, marking a step forward in its global defense engagement and becoming the first South Korean defense firm to do so. Michael Coulter, chief executive [...]
CHANGWON, South Korea, April 27 (Korea Bizwire) – Hanwha Aerospace Co. is seeking to join a U.S. Department of Defense initiative to establish a network of military repair hubs in the Indo-Pacific, a move that could significantly enhance the combat readiness of U.S. Forces Korea (USFK) and strengthen South Korea’s strategic role in allied security [...]
SEOUL, April 3 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Thursday it has signed a 371.4 billion-won (US$253.6 million) deal to export homegrown K9 self-propelled howitzers to India. Under the agreement, the company will deliver the K9 howitzers to the Indian Army by September 2030, in cooperation with Mumbai-based company Larsen [...]