Hanwha

South Korea’s Hanwha Corporation is venturing into the aircraft and engine leasing business under the banner of Hanwha Aviation.

Hanwha Systems has broken ground on its new Jeju Hanwha Space Center, a purpose-built South Korea facility for the manufacturing and testing of satellites.

Korea Aerospace Industries (KAI) has unveiled a concept for a new armed UAV at Drone Show Korea 2024.

Saudi Arabia will acquire 10 batteries of the KM-SAM Block II medium-range air defense system in a deal worth $3.2 billion, the South Korean Defense Ministry told media.

Hanwha Systems has been awarded funds to develop an uncrewed helicopter to support South Korea's naval operations.

A new South Korean rocket launched a reconnaissance satellite using a rocket that included a solid rocket motor for the first time.

Defense companies in Seoul showcase ability to counter low-altitude and long-range threats from North Korea.

Beta Technologies has applied for a $150 million loan guarantee from the U.S. Export-Import Bank to finance its electric aircraft manufacturing facility.

Arms exports topped $17.3 billion for South Korea in 2022, smashing the previous yearly record of $7 billion, set in 2021.

South Korea’s biannual, national airshow kicks-off Oct. 17 to mark an extraordinary two years in the evolution of the national defense industry.

Flying hydrogen laboratory; trainer flies on SAF; Joby eVTOL for Korea; and airport cargo robot.

In addition to mass producing the new Hyunmoo-5 "bunker buster," South Korea has plans to upgrade the Hyunmoo-2 and Hyunmoo-3 missile variants.