Hanwha adds Penske Australia as subcontractor on Redback IFV
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.
Hanwha
South Korea’s Hanwha Buys Nearly 10 Percent Shareholding In Australia’s Austal, Seeks 20 Percent
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 […]
Hanwha’s new global defense chief eyes aggressive expansion in every direction
“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…
Hanwha ships new batch of K9 howitzers to Poland
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…
Industry readies for Army’s robotic mule S-MET Increment II prototyping competition
“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?”
American arm of Korea’s Hanwha has a 10-year plan to become a US land systems prime
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…
Hanwha showcases its latest products at AUSA show
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 Korea’s secret amphibious vehicle submerged during test
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…
U.S. Marines evaluate South Korea’s new robotic combat vehicle
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…
The sights of DSEI 2023 in London [PHOTOS]
Here’s just a bit of what the Breaking Defense team saw on the show floor this year.