Kongsberg Defense

On Monday, Kia Corp. announced its participation in IDEX 2023, a defense industry trade show being held at the National Exhibition Center in Abu Dha...

South Korea’s major companies in shipbuilding, defense and construction industries expect strong earnings this year, despite growing concerns ...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...

Kepco Engineering & Construction Co. has teamed up with South Korea's defense company Terra Defense to establish a system aimed at protecting nu...

South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...

South Korean aircraft engine maker and defense utility company Hanwha Aerospace Co. has signed on Monday a memorandum of understanding (MOU) with Ro...

Hyundai Doosan Infracore Co., a South Korean construction equipment maker, won a 313.1 billion won ($255.5 million) defense deal from Turkey, sugges...

Poongsan Corp., one of South Korea’s leading copper smelters and defense equipment makers, saw its sales of ammunition and artillery shells su...

The South Korean defense market is forecast to sign export contracts worth more than 20 trillion won (15.7 billion) combined this year on the back o...

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

Poongsan Corp., South Korea’s top copper processing company, is expected to benefit as China’s exit from the zero-COVID policy bolstered...

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

South Korea has moved a step closer to achieving a record 28 trillion won ($20 billion) in weapons exports this year, with Hanwha Defense Co. clinch...

Poland is on the verge of buying additional artillery rocket systems developed by Hanwha Defense Co., following a string of weapons purchase agreeme...

South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...

South Korean arms maker Hyundai Rotem Co. has clinched a strategic partnership with Norway’s Kongsberg Defence & Aerospace AS to jointly d...

South Korea's leading weapons manufacturer Hanwha Group agreed on Monday to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering ...

Daejeon-based Electronics and Telecommunications Research Institute (ETRI) is poised to further the development of semiconductor technologies for us...

South Korean defense makers showcased next-generation products with artificial intelligence, robot and stealth functions for the future battlefiel...

South Korea’s defense makers Hyundai Rotem Co. and Hanwha Defense signed formal contracts worth $5.8 billion to export battle tanks and self-p...

South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...

South Korean defense stocks got a boost from a 10 trillion-won ($7.6 billion) export deal with Poland announced last week. Korea Aerospa...

Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of conspicuous acquisitions ...

Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...

South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...

South Korea’s defense exporter LIG Nex1 Co. showcased its guided rocket at the world’s largest international maritime warfare exercise l...

Poland is moving closer to clinching a megadeal to buy South Korean weapons such as fighter jets, tanks and artillery amid the ongoing Russian war o...

Hanwha Group, South Korea’s chemical-to-financial conglomerate, is set to invest 37.6 trillion won ($29.8 billion) in future growth sectors su...

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

South Korea’s Hanwha Defense Co., the world’s top self-propelled howitzer producer, has kicked off the construction of its first oversea...