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South Korean K9 Howitzer Dominates Global Artillery Market, Poised for Further Growth

South Korean K9 Howitzer Dominates Global Artillery Market, Poised for Further Growth

SEOUL, Jan. 31 (Korea Bizwire) — South Korea’s K9 self-propelled howitzer, already a global bestseller, is positioned to expand its market reach even further, commanding approximately half of the world’s self-propelled artillery export market. Industry sources and international defense organizations report that while exact statistics vary due to the confidential nature of defense contracts, the K9′s [...]

Hanwha Aerospace to Provide 152 K9 Howitzers to Poland in 3.45 Tln-won Deal

Hanwha Aerospace to Provide 152 K9 Howitzers to Poland in 3.45 Tln-won Deal

SEOUL, Dec. 4 (Korea Bizwire) — Hanwha Aerospace Co., a South Korean defense company, said Monday it has signed a 3.45 trillion-won (US$2.62 billion) contract with the Polish government to provide 152 K9 self-propelled howitzers to the European country by 2027. The deal forged with Warsaw’s Armament Agency is part of a larger framework agreement [...]

Hyundai Sonata, Kia Soul & Sportage, Win US Satisfaction Awards

Hyundai Sonata, Kia Soul & Sportage, Win US Satisfaction Awards

SEOUL, July 8 (Korea Bizwire) South Korea’s top carmaker Hyundai Motor Co. and its sister affiliate Kia Motors Corp. said Wednesday that their models have won satisfaction awards from a U.S. automotive research company. Hyundai’s Sonata ranked No. 1 among different midsize sedan brands to win the AutoPacific Vehicle Satisfaction Award, and Kia’s Soul city car and the [...]