South Korea’s renewed stock market darlings: Weapons makers

Exports of Korea-made tanks and armored vehicles have risen sevenfold as geopolitical tensions persist

LIG Nex1's guided missile Hawk
LIG Nex1's guided missile Hawk
Ahla Cho 3
2025-04-24 09:30:01 rrang123@hankyung.com
Aerospace & Defense

South Korea’s defense industry is once again capturing investor attention, as exports of tanks, armored vehicles and other weapons systems soar, fueling a dramatic rally in shares of the country’s top defense contractors.
#Korean stock market #War in Ukraine #Korean defense stocks #Korean defense companies #K-defense #Hanwha Aerospace #Hanwha Group #K9 howitzers #K9 Thunder #Korea Aerospace Industries #KAI #LIG Nex1 #Hanwha Systems #Hyundai Rotem #K9 self-propelled howitzers #HanKyung Aicel #Chunmoo #K2 tank #Donal Trump #European Union #Russia-Ukraine war #Shinhan Investment Corp. #FnGuide #Korea Investment & Securities

South Korean defense industry thriving on strong overseas demand

South Korean defense industry thriving on strong overseas demand

(Courtesy of Yonhap)  The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems has surged amid growing geopolitical conflicts around the world. According to Seoul-based financial data company FnGuide

Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

The Indian defense minister aboard a K9 Vajra-T self-propelled howitzer at L&T's armored plant in Hazira, Gujarat state (Courtesy of Ministry of Defense of India) Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) de

S.Korea’s defense order backlog reaches record $73.1 billion at end-2024

S.Korea’s defense order backlog reaches record $73.1 billion at end-2024

Hanwha Aerospace and Hanwha Systems showcase the K9 self-propelled howitzer at World Defense Show 2024 held in Riyadh, Saudi Arabia South Korea’s seven major defense companies saw their combined order backlog reach a record 105.6 trillion won ($73.1 billion) at the end of 2024, powered by

Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam

Hanwha Aerospace nears $276 million K9 howitzer deal with Vietnam

Hanwha Aerospace unveils the latest model of its K9 self-propelled howitzer, the K9A2, on Sept. 12, 2023 South Korea’s Hanwha Aerospace Co. is close to signing a 400 billion won ($276 million) deal to export as many as 30 units of the K9 Thunder self-propelled howitzers to Vietnam, indust

Latvian President Rinkēvičs seeks closer ties with S.Korea in bio, defense

Latvian President Rinkēvičs seeks closer ties with S.Korea in bio, defense

Latvian President Edgars Rinkēvičs in an interview with The Korea Economic Daily in Seoul Latvian President Edgars Rinkēvičs, who is on a four-day working trip to South Korea, said on Friday he hopes for deeper cooperation between the two countries in the pharmaceutical, biotechnology, defense

Hyundai Rotem’s earnings, shares set to rise; defense deals in the offing

Hyundai Rotem’s earnings, shares set to rise; defense deals in the offing

Hyundai Rotem’s next-generation main battle tank, the K2 Black Panther Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in the coming months, boding well for its earnings and share price movem

Hanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher deal

Hanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher deal

Hanwha Aerospace CEO Son Jae-il (left) and Artur Kuptel, head of the Polish State Armament Agency, sign a $1.6 billion Chunmoo rocket launcher deal on April 25, 2024 Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunm

Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal

Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal

Government officials and business leaders at a ceremony for the arrival of Hyundai Rotem's K2 Black Panther tanks in Poland on Dec. 7, 2022 Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part of a $3
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