Hanwha Systems Wins US$34.5 mln Deal to Supply Combat System to Philippine Navy

SEOUL, May 12 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of South Korea’s Hanwha Group, said Friday it has won a US$34.5 million contract to supply its combat management system (CMS) to the Philippine Navy. Hanwha’s indigenous combat system will be installed in six 2,400-ton offshore patrol vessels, in a deal [...]