According to the "World Defense Market Yearbook" published by the British military intelligence company Janes, the total size of the global radar market is expected to reach 616.8 trillion won over ...

Negotiations among domestic defense industry companies regarding the export of Cheon-gung II, known as 'Korea's Patriot missile,' to Iraq are ongoing. After LIG Nex1 signed a comprehensive contract ...

Domestic defense companies have joined hands to strengthen the export competitiveness of the Korean fighter KF-21. Korea Aerospace Industries (KAI), the system integrator for the KF-21, said on the ...

Hanwha Ocean is entering the export warship market by partnering with Lloyd's Register, which is renowned as the world's leading classification society in the field of naval vessels. On June 2, Hanwha ...

Hanwha Aerospace, Korea’s leading defense company, reported a record third-quarter operating profit of 856.4 billion won ($600 million) on Monday, underscoring the firm’s growing global presence in ...

The United States is intensifying efforts to reinvigorate its domestic manufacturing base, with shipbuilding—critical to both economic strength and national security—a key focus. Despite being the ...

SEOUL, Dec. 30 (Yonhap) -- South Korean defense company Hanwha Aerospace Co. said Tuesday it has signed a 5.6 trillion-won (US$4 billion) contract with Poland's arms procurement agency to supply ...

Hanwha Techwin is a global video surveillance solutions provider that has demonstrated stable growth in the video surveillance industry for over 30 years since the launch of its first surveillance ...