Hanwha Group and Hanwha Aerospace apologized for a fatal explosion at their Daejeon plant that killed 5 and injured 2. Chairman Kim Seung-yeon pledged full support for victims' families and promised a swift, transparent investigation into the cause.
SEOUL, April 22 (Yonhap) -- Hanwha Group said Wednesday it has forged partnershi...
Hanwha Group signed a memorandum of understanding with Alberta's provincial government in Edmonton on Tuesday to establish a comprehensive economic partnership covering energy, defense and shipbuilding. The agreement supports Hanwha Ocean's bid for Canada's Canadian Patrol Submarine Project, a $40.6 billion program to procure up to 12 diesel-electric submarines, competing against Germany's Thyssenkrupp Marine Systems.
Hanwha Group has formed a strategic partnership with U.S.-based Magnet Defense to jointly develop medium unmanned surface vessels (MUSVs) for the U.S. military. The memorandum of understanding was signed at the 2026 Sea-Air-Space Exposition in Maryland. The companies plan to produce a 38-meter MUSV based on Magnet Defense's M48 platform combined with Hanwha's shipbuilding and defense technologies for potential supply to the Pentagon.
