Hanwha Restructures Aerospace and Defense Ops to Improve Its Prospects

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International. 

K9 Thunder self-propelled howitzer. Source: Hanwha Land Systems

With a number of aerospace- and defense-related acquisitions now in its portfolio, Hanwha has begun restructuring itself to better serve these markets.  This latest effort marks the company’s return to its defense-related roots, echoing its formation during the Korean War as a gunpowder producer. Continue reading

Hanwha Focuses on Aerospace and Defense Operations

by Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.

K21 Infantry Fighting Vehicle. Source: Hanwha

Over the past few years, Hanwha of South Korea has transformed itself into a major defense firm.  Founded during the Korean War as a gunpowder producer, the company has returned to its defense-related roots with a series of acquisitions. Continue reading