Korea Joongang Daily
Korea JoongAng Daily

Hanwha Group expands defense, naval partnerships in Canada, U.S.

Hanwha Group is expanding its defense industry partnerships in North America, spanning Canadian submarines, U.S. naval vessels and missiles.

2026-04-22

U.S. Navy awards Hanwha Group first subcontractor project for next-gen logistics ship

Hanwha Group has secured its first U.S. Navy project as a subcontractor for a next-generation logistics ship project, marking a major new step for the group in the United States defense market, the group said Tuesday.

2026-03-31

Hanwha Group increases stake in KAI to expand cooperation in future aerospace projects

Hanwha Group is increasing its stake in Korea Aerospace Industries (KAI) as it looks to strengthen its position in Korea’s aerospace and defense industry. Hanwha Aerospace acquired 2.67 million common shares in KAI in October last year.

2026-03-17

Hanwha chairman calls company an 'indispensable' partner for U.S. shipbuilding in New Year's message

Hanwha Group Chairman Kim Seung-youn emphasized in his New Year’s message on Friday that the company must serve as a “linchpin” in Korea-U. S. relations through the Korea-U. S. maritime cooperation project, "Make American Shipbuilding Great Again."

2026-01-02

Hanwha holds 'Lifeplus' finance conference in New York for business leaders of today and tomorrow

Hanwha Group affiliates held a gathering of financial experts and promising talent from Korea and the United States at its “Lifeplus NY 2025" event in New York on Friday.

2025-11-17

Hanwha Hotels buys debt-ridden Mount Bukhan resort, aims to transform it into premium stay

Hanwha Hotels & Resorts acquired a five-star resort that faced 390 billion won ($282 million) in debt for 30 billion won, with an eye on turning it into one of its own premium hotel locations, the company said Thursday.

2025-08-14

Korean business leaders' presence in Washington plays crucial role in tariff deal success

When Korea sat down with the United States to hammer out a high-stakes tariff deal, it wasn’t just government officials at the table. Some of the country’s most powerful business leaders quietly flew in to tip the scales.

2025-07-31

Capital, skill inflow following Hanwha's U.S. shipyard acquisition 'very critical,' Navy secretary nominee says

U.S. President Donald Trump's pick for the Navy secretary said Thursday that the inflow of capital and skill sets into the United States following Korean conglomerate Hanwha Group's acquisition of a U.S. shipyard is "very critical."

2025-02-28

Hanwha partners with Baker Hughes to develop low-carbon ammonia gas turbine

Korea's Hanwha Group said Tuesday it has partnered with global energy technology firm Baker Hughes for the joint development of a low-carbon ammonia gas turbine.

2025-02-04

Hanwha Group to showcase defense and space lineup at ADEX 2023

Hanwha Group plans to showcase a wide range of air, land, sea and space defense products developed by its affiliates at the 2023 Seoul International Aerospace & Defense Exhibition (ADEX) beginning Tuesday.

2023-10-16