Hanwha Group will snap up struggling shipyard
South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) has finally found a new owner _ the country’s Hanwha Group _ after two decades of government control.
Korea Development Bank (KDB) announced on Sept. 26...
Self-propelled howitzer of Hanwha Defense will be unveiled
The world’s most favorite self-propelled howitzer has arrived in the United Kingdom for the first time, ready to highlight its upgraded features.
Hanwha Defense announced on Sept. 20 that its K9A2, an upgraded...
South Korean defense giant inks MOU with Polish defense group
South Korea’s Hanwha Defense signed a memorandum of understanding (MOU) on Sept. 7 with Poland’s state-backed Polska Grupa Zbrojeniowa (PGZ) to enhance bilateral industrial partnership.
The MOU was signed on the...
Korean company will take part in defense & security tech fair
Hanwha Defense announced on Sept. 6 that the company would showcase its weapon systems and technologies at the MSPO International Defense and Security Technology fair this week in Poland.
The...
Korean defense giant exporting K9 SPHs to Europe
South Korea’s Hanwha Defense announced on Aug. 29 that the company had agreed to supply hundreds of K9 Thunder self-propelled howitzers (SPHs) to Poland.
Valued at some $2.4 billion, the deal is the...
Tanks, howitzers, fighter jets will be purchased
Poland signed on July 27 to purchase South Korean weapons, including K2 battle tanks, K9 self-propelled howitzers, and FA-50 light attack fighters.
Under the contract, the European country will purchase 980 K2 battle tanks...
Korean defense firm will deliver 25 Barracuda armored vehicles to Indonesian police
South Korea’s leading defense manufacturer Hanwha Defense will provide 25 Barracuda 4x4 armored wheeled vehicles to Indonesian police forces.
The contract was signed on June 15 by Hanwha Corporation...
Two defense giants to cooperate on IFVs, long-range precision fires
South Korea’s Hanwha Group announced this week that it had signed a memorandum of understanding (MOU) with Norway’s Kongsberg Defense & Aerospace.
Under the agreement signed during the Eurosatory 2022 exhibition...
Korean conglomerate strives to US UAM company
South Korea’s Hanwha Group announced on June 15 that it had invested 150 billion won ($115 million) in U.S.-based urban air mobility (UAM) company Overair.
Its two units, Hanwha Systems and Hanwha Aerospace, would...
Redback infantry fighting vehicle displayed at Eurosatory 2022
Hanwha Defense announced on June 13 that it would showcase a range of advanced defense solutions, including combat vehicles, artillery systems, and air-defense systems, during the Eurosatory 2022.
The biennial defense and security...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
