Hanwha may shift some air defense system production overseas as it looks to expand its global footprint.
Credit: Hanwha Aerospace
South Korea's Hanwha Aerospace plans to raise KRW3.6 trillion ($2.5 billion) to fund investments to allow the company to capture more business from growing defense spending. “This is to quickly respond to the rapidly changing international situation, such as the increase in defense spending in...
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