What Happened
South Korean Defense Giant Expands US Presence with New Ammunition Facility
Hanwha Defense USA is investing $1 billion in a new plant to produce Modular Charge Systems (MCS) for 155mm howitzer ammunition. The facility, expected to start construction in 2026, will create 200 jobs and generate $500 million in annual revenue. Hanwha aims to become a strategic defense partner to the US and produce US-localized modular charges using US-made raw materials by 2030. The company is currently hiring US-based engineers and expects to begin environmental permit submissions in January.