SYDNEY—Australia’s treasurer has signed off on South Korean conglomerate Hanwha’s bid to increase its stake in Australian shipbuilder Austal ASB-2.57%decrease; red down pointing triangle, saying the ...

Hanwha Defense USA, a subsidiary of the multi-industry conglomerate headquartered in South Korea, has appointed a new chief executive in aerospace industry veteran Michael Coulter. Coulter moves into ...

The National Security Multi-Mission Vessel (NSMV) under construction at Hanwha Philly Shipyard in Sep. 2025. Credit: Facebook/ Hanwha Philly Shipyard When U.S. President Donald Trump praised South ...

SEOUL, Oct. 23 (Yonhap) -- South Korean defense firm Hanwha Aerospace Co. said Thursday that it has signed an agreement with GE Aerospace Inc. to purchase aircraft engine components for locally built ...

South Korea’s Hanwha Aerospace is partnering with U.S. manufacturer General Atomics to develop a multi-mission, short-takeoff-and-landing drone the companies call a “game changer,” Hanwha said in a ...

Hanwha Defense USA has named retired U.S. Navy Rear Adm. Tom Anderson as president of U.S. shipbuilding. A 34-year Navy veteran, Anderson previously served as program executive officer for ships and ...

Korean-owned Hanwha has hired a former U.S. Navy admiral to lead the company’s new shipbuilding enterprise in the United States. The company announced Monday the hiring of Tom Anderson, who most ...

A model of Hanwha's future K9A3 SPH (front right) and a K9A2 model with full autoloader and improved gun (back left) displayed at DSEI 2025 in September. (Jakub Link-Lenczowski) Hanwha Aerospace has ...

South Korean defense, shipbuilding and energy solutions provider Hanwha Group has appointed Alex Wong as Global Chief Strategy Officer (CSO) to lead the company's strategic initiatives in ...

Hanwha E-ssential, a subsidiary of Hanwha Solutions, has successfully localized the production of semiconductor packaging insulation materials in South Korea. The company plans to begin supplying in ...

The United States is intensifying efforts to reinvigorate its domestic manufacturing base, with shipbuilding—critical to both economic strength and national security—a key focus. Despite being the ...

South Korean offshore and marine contractor Hanwha Ocean on Thursday formally apologised for the tragic accident onboard the P-79 floating production, storage and offloading vessel at its Geoje ...