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Hanwha Aerospace to Secure Anti-drone Technology Using Physical Nets

Hanwha Aerospace to Secure Anti-drone Technology Using Physical Nets

SEOUL, Feb. 23 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean aircraft engine maker, is on track to secure anti-drone technology to cope with the threat of unmanned drones. The company announced on Wednesday that it had invested in Fortem Technologies, Inc., a U.S.-based airspace defense and security specialist, under a Simple Agreement for [...]

Hanwha Signs US$3.5 Billion Contract to Supply Chunmoo MLRS to Poland

Hanwha Signs US$3.5 Billion Contract to Supply Chunmoo MLRS to Poland

SEOUL, Nov. 4 (Korea Bizwire) — Hanwha Aerospace Co. of South Korea signed an executive contract, worth US$3.55 billion, with Poland for the supply of Chunmoo multiple launch rocket systems, Seoul’s defense authorities announced Friday. The two sides signed the deal as a follow-up to a framework contract inked last month. It has lifted South [...]

Hanwha Aerospace, British Firm to Jointly Develop Equipment for Air Taxi

Hanwha Aerospace, British Firm to Jointly Develop Equipment for Air Taxi

SEOUL, July 21 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean aircraft engine maker, said Thursday it will jointly develop a key piece of equipment for British manufacturer Vertical Aerospace’s electrical vertical take-off and landing (eVTOL) aircraft. Under the partnership signed at the Farnborough Airshow, Hanwha and Vertical will develop an electromechanical actuator for [...]