Tag: poongsan

poongsan

Latest News

K-defense races to build next generation of unmanned weapons

The defense industry is ramping up development of autonomous weapons systems, driven by shifting warfare trends and a shrinking military work force.

2026.6.26

Hanwha Aerospace pulls out of Poongsan ammunition acquisition bid

Hanwha Aerospace has decided not to proceed with its bid to acquire the ammunition production division of defense manufacturer Poongsan, a regulatory filing Thursday showed.

2026.4.9

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A K9 self-propelled howitzer [HANWHA AEROSPACE]

With U.S. entry, Hanwha mulls purchase of Poongsan's ammunition division for K9 rounds

Hanwha Aerospace, Korea’s largest defense firm that is pushing for U.S. market entry with its K9 howitzer, is considering acquiring the ammunition production division at Poongsan.

2026.4.6

Poongsan Q1 net income up 12.7% to $29.2 million

Poongsan on Wednesday reported its first-quarter net income of 41.6 billion won ($29.2 million), up 12.7 percent from a year earlier.

2025.4.30

Federation of Korean Industries Chairman Ryu Jin [YONHAP]

FKI chairman gets Trump inauguration invitation

Federation of Korean Industries Chairman Ryu Jin received an invitation to U.S. President-elect Donald Trump’s inauguration, the business lobby said Monday.

2024.12.23

Challenges for the new head of the FKI

We look forward to seeing the new chairman display his leadership to transform the FKI and the Korean economy into genuinely global ones.

2023.8.8

A model holds up coins commemorating the 2020 Tokyo Olympics, which officially starts on Friday. The coins are sold by Poongsan Hwadong. The Tokyo Olympics was postponed by a year due to the Covid-19 pandemic, the first Games ever to be delayed. Poongsan Hwadong has been selling the commemorative coins since the 1952 Helsinki Games. [POONGSAN HWADONG]

Tokyo tokens

A model holds up coins commemorating the 2020 Tokyo Olympics, which officially starts on Friday. The coins are sold by Poongsan. The Tokyo Olympics was postponed by a year due to the Covid-19 pandemic, the first Games ever to be delayed.

2021.7.20

Tag: poongsan

poongsan

Latest News

K-defense races to build next generation of unmanned weapons

Hanwha Aerospace pulls out of Poongsan ammunition acquisition bid

Most popular

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179 dead after Jeju Air flight 7C2216 crashes at Muan International Airport — as it happened

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With U.S. entry, Hanwha mulls purchase of Poongsan's ammunition division for K9 rounds

Poongsan Q1 net income up 12.7% to $29.2 million

FKI chairman gets Trump inauguration invitation

Challenges for the new head of the FKI

Tokyo tokens