Overview

• Hanwha Aerospace's annual export revenue from weaponry increased elevenfold to $1.1 billion in two years.
• The company can produce its K9 howitzer in about 180 days, significantly faster than competitors.
• Poland, Egypt, and Australia are among the countries purchasing Hanwha's weapons.
• South Korea's defense industry benefits from ongoing regional threats and stable domestic demand.
• Hanwha plans to expand into sixth-generation fighter jet engines while maintaining focus on traditional arms.