Korea Joongang Daily
Korea JoongAng Daily

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

Faster to fire: Hanwha’s K9 takes aim at U.S. Army's artillery modernization

Hanwha Defense USA is moving quickly to position itself as the go-to for the U.S. military's self-propelled howitzers as the Pentagon looks to modernize its arsenal, with the K0 Thunder's performance a cause for confidence.

2025-09-08

Hanwha Aerospace merges with Hanwha Munitions

Hanwha Aerospace is merging with related companies in an effort to become a global powerhouse on par with Lockheed Martin.

2023-04-03

Poland seeks Korean technical cooperation in domestic IFV deal

Poland is seeking technical cooperation with Korea related to the acquisition of a domestic amphibious infantry fighting vehicle (IFV), sources said Thursday.

2023-03-09

[WHY] Korea's growing role as a weapons supplier to Europe

Poland’s most recent defense buying spree solidifies Korea's status as the only Asian country selling arms to NATO member states. But how did Korea get there, and can it keep up the pace to fulfill the demands of European defense?

2022-12-13

Time is ripe for Korea to sell Saudi Arabia more weapons

The visit of Saudi Arabia's Crown Prince Mohammed bin Salman is being closely watched for clues as to whether Riyadh and Seoul will negotiate new deals for Korean weapons, following up on contracts signed earlier this year.

2022-11-16

On the offense in defense exports

Korea is emerging as a key state in the global defense markets.

2022-10-23

Hyundai Rotem signs $3.3B K2 tank deal in Poland

Hyundai Rotem, Korea's sole tank manufacturer, said Monday it has signed a 4.5 trillion won ($3.3 billion) K2 tank deal in Poland.

2022-08-29

Korean companies sign deals to export tanks and howitzers to Poland

Two Korean defense companies have signed contracts worth a total $5.76 billion to export tanks and howitzers to Poland, the Korean arms procurement agency said Saturday.

2022-08-28

Hanwha shakes up its corporate structure, grouping related businesses together

Hanwha made a major shake-up to its corporate structure on Friday, putting related businesses under the same umbrella.

2022-07-29