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Hanwha Aerospace plans over $20 billion global investment to expand defence and security portfolio

Hanwha Aerospace plans over $20 billion global investment to expand defence and security portfolio

Hanwha Aerospace, part of the Hanwha Group, has invested US$7.6 billion over the past five years across countries including Singapore, Vietnam, Australia, the United States, Romania, and Poland.

August 27, 2025
Hanwha Aerospace Q2 profit soars to $207 million on defence exports and shipbuilding gains

Hanwha Aerospace Q2 profit soars to $207 million on defence exports and shipbuilding gains

Hanwha Aerospace reported a 79.9 percent rise in second-quarter net profit to $207.1 million, up from $115 million a year earlier.

August 25, 2025
DALO Industry Days: Hanwha Aerospace targets Northern European markets with K9 howitzer, Chunmoo MLRS

DALO Industry Days: Hanwha Aerospace targets Northern European markets with K9 howitzer, Chunmoo MLRS

Hanwha Aerospace is unveiling a portfolio of defence systems designed for Northern Europe’s security needs at DALO Industry Days, Scandinavia's largest defence exhibition.

August 20, 2025
South Korean defence firms record surge in H1 profits with sales near €13.5 billion

South Korean defence firms record surge in H1 profits with sales near €13.5 billion

South Korea’s major defence firms posted record earnings in the first half of the year, driven by large overseas arms contracts, according to industry data released on Sunday.

August 18, 2025
Hanwha Aerospace secures full technology transfer for South Korea’s indigenous space rocket, KSLV-II

Hanwha Aerospace secures full technology transfer for South Korea’s indigenous space rocket, KSLV-II

Hanwha Aerospace has signed a historic agreement with the Korea Aerospace Research Institute (KARI) to receive the complete technology for South Korea’s first homegrown space launch vehicle, KSLV-II.

July 26, 2025
Ben Hudson appointed CEO of Hanwha’s European and UK defence operations

Ben Hudson appointed CEO of Hanwha’s European and UK defence operations

Hanwha Aerospace has announced the appointment of Ben Hudson as Chief Executive Officer for its defence business in Europe and the United Kingdom.

July 18, 2025
Norway: K9 VIDAR howitzers fulfil delivery, budget, and performance expectations

Norway: K9 VIDAR howitzers fulfil delivery, budget, and performance expectations

The Norwegian Defence Research Establishment (FFI) has released its evaluation of Project 5447, which involved procuring the K9 VIDAR 155mm artillery system to replace the ageing M109 units.

July 9, 2025
ASELSAN enters South Korean armoured vehicle programme through Hanwha Aerospace partnership

ASELSAN enters South Korean armoured vehicle programme through Hanwha Aerospace partnership

ASELSAN has signed a Memorandum of Understanding (MoU) with South Korea’s Hanwha Aerospace to integrate the SEDA 100 Gunshot Detection System into next-generation armoured vehicles.

July 5, 2025
Hanwha Aerospace signs $459 million contract for KF-21 jet engines

Hanwha Aerospace signs $459 million contract for KF-21 jet engines

Hanwha Aerospace Co. announced on Thursday it has signed a 623.2 billion-won ($459.3 million) follow-up contract with South Korea’s Defense Acquisition Program Administration (DAPA).

June 30, 2025
Hanwha Aerospace delivers 126 Homar-K rocket systems to Poland in record time

Hanwha Aerospace delivers 126 Homar-K rocket systems to Poland in record time

Hanwha Aerospace has completed the delivery of 126 Homar-K multiple rocket launcher systems to Poland, achieving this milestone just two years and seven months after the initial agreement.

June 30, 2025
Hanwha Aerospace selected to develop South Korea’s L-SAM II long-range interceptor system

Hanwha Aerospace selected to develop South Korea’s L-SAM II long-range interceptor system

Hanwha Aerospace has signed a development contract with South Korea’s Agency for Defense Development (ADD) to lead the L-SAM II programme, a new long-range interceptor system.

June 11, 2025
Hanwha hosts industry day in Berlin to explore defence collaboration with German industry

Hanwha hosts industry day in Berlin to explore defence collaboration with German industry

South Korean defence company Hanwha has held its first Industry Day event in Germany, aiming to strengthen strategic partnerships and explore industrial collaboration with German stakeholders.

June 1, 2025
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