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Hanwha to invest $35.6 bil. in aerospace, AI by 2040

Hanwha Group, Korea's largest defense and aerospace conglomerate, said Friday it will invest 55 trillion won ($35.6 billion) in the aerospace and artificial intelligence (AI) secto...

Hanwha Aerospace factory explosion kills 5 in central South Korea

Hanwha Ocean sold around $2 billion in dollar-won forward market, source says

Hanwha Ocean picked as preferred bidder for $5.1 bil. Navy destroyer project

Hanwha Ocean Co. said Thursday it has been selected as the preferred bidder for Korea's next-generation Navy destroyer project worth 7.8 trillion won ($5.1 billion). In a regulator...

Hanwha Qcells kicks off first fully onshore US solar supply chain

South Korea's Hanwha loses major Canadian submarine deal

S&P gives South Korea’s top arms maker an A- rating

A South Korean defense company that was barely known outside Asia a decade ago has received the kind of financial endorsement that opens doors in the international capital markets,...

Hanwha Aerospace halts Daejeon production as probe into deadly explosion begins

South Korea’s leading defense manufacturer has suspended part of its operations at a classified weapons facility after an… The post Hanwha Aerospace halts Daejeon production as pro...

Five Dead, Two Injured In Explosion At Hanwha Aerospace’s Daejeon Factory

Five people were killed and two others injured following a devastating explosion at Hanwha Aerospace’s factory in Daejeon, South Korea, on Monday morning.The blast occurred at 10:5...

Hanwha Ocean Selected for South Korea’s KDDX Destroyer Program

Hanwha Ocean is understood to have been selected for South Korea’s KDDX detailed design and lead ship construction program after outscoring HD Hyundai Heavy Industries in DAPA’s ev...

Hanwha Ocean Partners to Strengthen Greece’s Shipbuilding Capabilities

Hanwha Ocean has signed a Strategic Alliance Agreement (SAA) with ONEX Shipyards & Technologies Group at the U.S. Embassy in Greece to revitalize Greece’s shipbuilding industry...

Hanwha Ocean named preferred bidder for South Korea’s KDDX destroyer program

South Korean shipbuilding major Hanwha Ocean has been selected as the preferred bidder for the detailed design and construction of the lead ship under South Korea's next-generation...

South Korea and France join forces on long-range missiles

Hanwha Aerospace, the South Korean defense giant behind one of the most combat-credible rocket artillery systems currently in service, signed a Memorandum of Understanding with Fre...

Fire kills 5 in South Korea after blast at defence giant Hanwha Aerospace’s factory

Five people died and two others were injured on Monday after an explosion and fire on a production line for rocket propellant at a factory in South Korea operated by Hanwha Aerospa...

Hanwha Ocean cuts first steel for turbine jack-up

Steel cutting marks start of vessel build

Explosion kills 5 at South Korean aerospace plant

SEOUL — An explosion at a plant run by South Korean defense firm Hanwha Aerospace killed five people on Monday, local fire authorities said. The explosion was reported to authoriti...

Unastella, a South Korean rocket startup that launched from home, raises $24M

The Seoul-based rocket startup is developing its own launch vehicles and engines.