Key Takeaways
- Hanwha plans to invest $1 billion in a new US facility.
- The plant will produce modular charge systems for 155mm howitzer ammunition.
- Expected to create 200 jobs and generate $500 million in annual revenue.
Hanwha Plans US Facility to Manufacture Modular 155mm Howitzer Charges
South Korean Defense Giant Expands US Presence with $1 Billion Plant Investment
Hanwha Defense USA is investing $1 billion in a new facility to produce modular charge systems for 155mm howitzer ammunition. The plant, expected to start construction in 2026 and begin production by 2030, will create around 200 jobs and generate $500 million in annual revenue. This investment supports Hanwha’s efforts to become a strategic defense partner to the US.
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