Hanwha Ocean's Goliath crane at the Okpo Shipyard on Geoje Island Hanwha Ocean Co., the world’s second-largest shipbuilder, said on Tuesday it made a takeover bid for Austal and negotiated the price and terms of the proposed deal, reportedly worth $662 million, but the Australian defense
Hanwha Aerospace and Hanwha Systems showcase the K9 self-propelled howitzer at World Defense Show 2024 held in Riyadh, Saudi Arabia Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is spinning off its non-core units to focus on defense and aerospace businesses &ndas
Hanwha Foodtech, a food & beverage subsidiary of South Korea's Hanwha Group, announced on Monday that it acquired the US robot-made pizza brand Stellar Pizza.Hanwha Foodtech signed a memorandum of understanding (MOU) with Stella Pizza’s operator Serve Automation in January. The compa
Hanwha's Bismayah project in Iraq South Korea’s Hanwha Corp. is resuming a $10 billion project to build a Bismayah new city in Iraq after a 16-month hiatus as stakeholders see increasing benefits from the resurgence of the megaproject.Korea’s Ministry of Land, Infrastructure and Tra
Hanwha Aerospace's K9 howitzers during a military drill in South Korea (Courtesy of News1 Korea) Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is set to sign a 1 trillion won ($751 million) contract to supply its K9 howitzers to Romania next
Hanwha Aerospace engineers work on satellite engines at its plant in Changwon, South Korea (Courtesy of Hanwha Aerospace) CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry dominated by Elon Musk’
A gigantic crane at Hanwha Ocean's Geoje shipyard in South Gyeongsang Province South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding business to focus instead on profitable vessels such as liquefied natural
Hanwha Aerospace gas turbo engine plant in Changwon, South Korea (Courtesy of Hanwha Aerospace) CHANGWON, South Gyeongsang Province – Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is set to double its local gas turbine engine production capacity while aiming to deve
Hanwha Systems' anti-drone system introduced at a S.Korean defense fair in June (Courtesy of Hanwha Systems) South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs) and drones from the North while plann
Hanwha Aerospace armored vehicle Redback (Courtesy of Hanwha Defense Australia) Hanwha Aerospace Co. has won a $2.4 billion armored vehicle supply deal to Australia, adding to expectations that the South Korean defense industry will contribute to the long-term growth of Asia’s fourth-larg