Hanwha Aerospace seeks to support domestic partners’ global expansion

(Seoul = Yonhap News) Reporter Hong Gyu-bin = Hanwha Aerospace is supporting domestic partners’ overseas expansion.

Hanwha Aerospace announced on the 30th that it held the '2026 Win-Win Cooperation Council Executive General Meeting' with 59 partners at the Grand Mercure Ambassador in Changwon, Gyeongnam and discussed ways to support global expansion.

Until now, the focus has been on making finished products domestically and exporting them, but with major countries recently demanding local production and technology transfer, it is believed that the supply chain strategy must be changed.

Hanwha Aerospace plans to jointly participate in overseas exhibitions, share overseas research and development, production, and logistics infrastructure, provide export financing, and support local human resources and technology.

Park Won-cheol, CEO of Daewon Electronics, the new chairman of the Win-Win Cooperation Council, said, “We will be able to overcome the overseas market threshold that was difficult to overcome as a partner alone with Hanwha Aerospace.”

Lee Bu-hwan, CEO of Hanwha Aerospace, said, “We will support domestic partners to grow into companies with independent competitiveness in the global market using Hanwha’s overseas network as a stepping stone.”