What Happened
South Korean Defense Company Wins US Army Contract
Hanwha Aerospace, a South Korean defense company, has secured a prototype supply contract for the US Army’s next-generation artillery modernization program, marking a major foothold in the American market. The company’s K9 self-propelled howitzer business has expanded globally, with orders from Europe and the Middle East, and is now set to enter the US market. Hanwha Aerospace plans to use its order backlog to expand overseas production and invest in space and other future businesses. This development was first reported by UPI.