What Happened
Korean Defense Company Secures Major US Military Program
Hanwha Aerospace has been selected to develop prototypes for the US Army’s Mobile Tactical Cannon (MTC) program, a significant milestone for Korea’s defense industry. The company’s US subsidiary, Hanwha Defense USA, signed an agreement with the US Army to supply six prototype systems, with an option for 12 additional systems. The MTC program aims to modernize the Army’s long-range fires capabilities and develop more mobile and adaptable artillery units. According to The Korea Times, Hanwha faced competition from major global defense companies, including Germany’s Rheinmetall, Britain’s BAE Systems, and Italy’s Leonardo DRS.