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CEO Lee Sung-soo picked as defense businessman of the year Hanwha Defense CEO Lee Sung-soo was designated as the “businessman of the year” in the country’s defense industry, the Korea Association of Defense Industry Studies (KADIS) announced on Sept. 25....
Top defense firm builds relaxation area at armed forces hospital Hanwha Defense announced on Sept. 24 that it had built a lounge for hospitalized soldiers near Seoul as part of its corporate social responsibility (CSR) program. Hanwha said that the lounge,...
Korean defense giant poised to export K9 self-propelled howitzers The Australian government announced Sept. 3 that it had chosen South Korea’s Hanwha Defense to supply 30 self-propelled howitzers and 15 armored ammunition resupply vehicles along with their supporting systems. Australia plans...
Next-generation infantry fight vehicles of Korea vie to win two-way rivalry South Korea’s Hanwha Defense rolled out prototypes of “Redback” infantry fighting vehicle (IFV), which will be shipped to Australia late this month, as part of its efforts to win...
Top defense manufacturer becomes first to achieve KPC Level 8 In the mid-2000s, the Korea Productivity Center (KPC) introduced the Productivity Management System (PMS) certification program to evaluate thousands of South Korean companies. Over the past 15 years, a few...
Korea's top defense company sees sales jump five-fold So many companies are struggling to find their feet due to the novel coronavirus this year. But not all players are languishing as amply demonstrated by such firms as South Korea’s Hanwha...
Korea's leading defense firm recognizes best suppliers Senior executives of Hanwha Defense, South Korea’s leading defense manufacturer, held a meeting on June 17 with around 40 chiefs of its suppliers to strengthen shared growth. The Seoul-based company convened the meeting through...
Hanwha’s up-to-date weapons systems drew keen attention during an Indian defense trade show that ended the last weekend, according to industry officials. Hanwha’s defense business units participated in the DefExpo 2020, a defense and aerospace exhibition held in Lucknow,...
South Korea's business bellwether signs new contract Hanwha Defense, a leading defense manufacturer in South Korea, has signed a deal to provide the Army with the fifth batch of K55 A1 self-propelled howitzers, the company said on Dec. 30. Valued 137.4...
Multiple countries expected to strengthen partnership with Hanwha As far as the defense technology is concerned, South Korea is one of the most advanced countries in the world as it confronts North Korea, a belligerent Stalinist regime. A set of companies...

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