aerospace and defense

Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeki...

Defense companies will stand to gain the most among South Korean companies if US Vice President Kamala Harris wins the US presidential election next...

42Maru, South Korea's generative AI and language AI startup said on Friday that it was selected as the lead organization for the Defense Technolog...

South Korean companies have joined forces to develop the world’s first fireproof energy storage system (ESS) powered by liquid immersion cooli...

South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...

South Korea's low-cost carrier Air Premia Inc. said on Tuesday that it implemented integrated software solutions from the US-based aviation engine a...

Hanwha Group has appointed the eldest son of Chairman Kim Seung-youn to lead the investment division of the group’s eco-friendly energy unit i...

Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in...

South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...

Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...

South Korea has decided to extend the range of missiles for export to 500 kilometers from the current 300 km after accepting requests to do so from ...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, has decided to separate its non-core units to concentrate on the defen...

LIG Nex1 Co., a leading South Korean defense contractor, is teaming up with US artificial intelligence (AI) specialist Palantir Technologies to deve...

South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...

Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, signed a 1.3 trillion won ($938 million) contract to supply ...

Flexell Space, an in-house space solar cell-developing startup under South Korea’s Hanwha Systems Co., will supply its tandem flexible batteri...

LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is highly expected to bag a $920 million contract to supply ...

Samil PricewaterhouseCoopers (PwC), a South Korean member firm of PwC International Ltd., has appointed new chiefs of its key units and created a fi...

South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest defense exhibition, CAN...

South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly...

South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...

South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...

Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch ...

Toray Advanced Materials Korea Inc. announced Wednesday that it attained the AS9120 certification for aerospace industry quality management systems ...

North Korean hackers allegedly attacked South Korean arms manufacturers and stole technical data from them over more than a year Seoul’s polic...

South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...

South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...

Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...