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Hanwha
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Hanwha Aerospace, Korea’s largest defense firm that is pushing for US market entry with its K9 howitzer, is considering acquiring the ammunition production division at Poongsan, according to an electronic disclosure filed on Monday, in a deal that could be worth up to 1.5 trillion won ($999 million).06 Apr 2026-14:22
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Hanwha Group’s Philly Shipyard has the capability to build nuclear-powered submarines for the United States Navy, a senior executive at the South Korean conglomerate said, signalling growing ambitions to play a larger role in America’s defence shipbuilding sector.25 Dec 2025-09:45
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South Korean police and Labour Ministry officials raided the Hanwha Ocean shipyard in the southeastern city of Geoje on Thursday following the death of a worker.27 Nov 2025-10:15
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China announced on Monday that it would suspend sanctions against the US subsidiaries of Hanwha Ocean, one of South Korea's largest shipbuilding giants, as part of a fragile truce in the ongoing trade dispute between the United States and China, News.Az reports, citing foreign media.
10 Nov 2025-13:24 -
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China announced sanctions on Tuesday targeting five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean, citing threats to its sovereignty and security. The move sent Hanwha shares down 5.8%, while domestic rival HD Hyundai Heavy slipped 4.1%.14 Oct 2025-12:15
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