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South Korean conglomerate Hanwha this week announced it is investing another $5 billion in its Philly Shipyard via a new infrastructure plan to boost production capacity. Hanwha bought the shipyard […]
In July 2023, Hanwha defeated Rheinmetall for a contract worth an estimated $5-7 billion AUD to deliver 129 IFV replacements for the country’s aging M113 fleet.
A major South Korean conglomerate this week purchased a significant stake in Australian shipbuilder Austal, with hopes of expansion. On March 18 Hanwha Group said it acquired a 9.9 percent […]
“We’ve been doing export for 15, 20 years, but it’s just been in recent years that we’ve really been reaching out to create global defense industrial base, creating global partnerships, partnerships in local countries,” Ha…
A fresh shipment of 18 K9 Self-Propelled Howitzers commenced its journey to Poland from a Hanwha Aerospace production facility in Changwon, according to the company news release. “This the first batch of K9s being shipped to Poland after the arri…
“The baseline program, so far, [is] going well. It’s a building block,” Doug Bush, the head of Army acquisition, said. But for the next iteration, “What else can you do with that chassis? Weapons? Sensors?”
Hanwha Defense USA’s strategy is “very much about being a prime contractor that can compete with the other peers that are here. And how do you get there? It’s about partnerships. It’s about organic growth. It’s about M…
South Korean defense firm Hanwha highlights various advanced capabilities and programs as an exhibitor at the AUSA 2023 Annual Meeting & Exposition in Washington, D.C. Hanwha showcases a wide range of capabilities, including K9 artillery and autom…
South Korean officials have confirmed that two defense company employees died Tuesday after an amphibious assault vehicle prototype submerged during a test. The accident with a secret amphibious vehicle occurred at around 3 p.m. near the headquarters o…
South Korean conglomerate Hanwha announced last week that its Arion-SMET light robotic combat vehicle will undergo field tests at the U.S. Marine Corps training center. According to a press release, Hanwha has signed a contract with the U.S. Department…