Hanwha Aerospace, a leading Korean defense firm, has awarded a $71 million contract to Electro Optic Systems (EOS) Ltd. of Australia to supply remote weapons system (RWS) units for Canberra's next ...

Defence has spent over $40m for artillery munitions, which Thales had failed to deliver a single round for, and separately ...

SEOUL, Dec 8 (Reuters) - South Korea's Hanwha Aerospace (012450.KS), opens new tab said on Friday it has signed a contract with Australia to supply 129 Redback infantry fighting vehicles by 2028 in a ...

EOS will supply an enhanced version of its R400 remote weapon station for the Redback IFVs that Hanwha Defence Australia will deliver to the Australian Army. (Hanwha Defence Australia) Hanwha Defence ...

Shares of Hanwha Group affiliates rallied after Australia greenlit the South Korean defense conglomerate's bid to raise its stake in Austal, an Australia-based global shipbuilder. Hanwha Systems, a ...

Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security.

May 7 (Asia Today) --South Korea's Hanwha Group is accelerating its expansion from defense manufacturing into aerospace and space industries as it pursues a long-term strategy to build a vertically ...