- Countries are pursuing a joint state takeover of KNDS, with France reducing its holding to 40% and Germany expected to purchase the remaining stake.
- Efforts are underway to expand in the European market, with NMBT designed to replace Ariete, and CAPINT representing a fusion of German and French halves.
- The Defense Acquisition Program Administration is currently evaluating bids from Hanwha Aerospace and Hyundai Rotem for specific defense projects.
- Hanwha Group is expanding its U.S. defense presence, leasing a plant in Opelika and signing agreements with the Army.
Hanwha Defense USA, a defense contractor, is located in Arlington, Virginia.
1 report, 1 independent
Updated Aug 18
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Hanwha Defense USA, a defense contractor, is located in Arlington, Virginia.