Hanwha Breaks Ground for Howitzer Factory in Australia
SEOUL, April 8 (Korea Bizwire) — Hanwha Defense, a South Korean defense firm, broke ground Friday for a new factory in Australia to supply self-propelled howitzers and armored vehicles to the country under last year’s 1-trillion won (US$816 million) procurement deal. The ground-breaking ceremony for the factory set to be built by 2024 took place [...]