Hanwha Aerospace
Korean defense manufacturer, maker of the K9 Thunder self-propelled howitzer and Redback IFV.
Hanwha Aerospace Co., Ltd. (KRX: 012450) is South Korea's leading land-systems and aero-engine manufacturer, producing the K9 Thunder self-propelled howitzer and Redback infantry fighting vehicle. Originally founded 1977 as Samsung Precision Industry, it absorbed Hanwha Defense in November 2022. Hanwha Group holds approximately 34% of the company. Distinct from the parent Hanwha Group conglomerate and from the separately-listed Hanwha Systems.
Overview
- Headquarters
- Seoul, South Korea
- Founded
- 1977
- Employees
- 3,704 (2024, may reflect holding entity only)
- Total funding
- Public (KRX: 012450)
- Stage
- Public
- Status
- public
- Domains
- Website
- www.hanwhaaerospace.com
Founders0
No linked records yet.
Investors0
No linked records yet.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
| Holder | Instrument | Ownership |
|---|
Contracts2
- ContractAustralia Land 8116 Phase 1 (Huntsman AS9)Australian Army self-propelled howitzer program using Hanwha's AS9 Huntsman.
- ContractArion-SMET MUGV — DAPA Mass Production SelectionSouth Korea's DAPA selected Hanwha Aerospace's Arion-SMET UGV over Hyundai Rotem's HR-Sherpa for mass production, an initial ~$33.5M phase entering service 2027-2028.
Programs0
No linked records yet.
Frequently asked
- What does Hanwha Aerospace do?
- Hanwha Aerospace Co., Ltd. (KRX: 012450) is South Korea's leading land-systems and aero-engine manufacturer, producing the K9 Thunder self-propelled howitzer and Redback infantry fighting vehicle. Originally founded 1977 as Samsung Precision Industry, it absorbed Hanwha Defense in November 2022. Hanwha Group holds approximately 34% of the company. Distinct from the parent Hanwha Group conglomerate and from the separately-listed Hanwha Systems.
- Where is Hanwha Aerospace headquartered?
- Hanwha Aerospace is headquartered in Seoul, South Korea and was founded in 1977.
- How much funding has Hanwha Aerospace raised?
- Hanwha Aerospace has raised Public (KRX: 012450) in disclosed funding.
- Does Hanwha Aerospace hold government contracts?
- Defense Tech Atlas links Hanwha Aerospace to 2 government contracts.
Sources & citations3
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
Hanwha Aerospace: HQ Seoul, founded 1977 as Samsung Precision Industry, absorbed Hanwha Defense November 2022, CEO Son Jae-il, KRX: 012450; Hanwha Group holds a 33.99% stake
Wikipedia: Hanwha AerospaceReported2026-07-26 - 2
K9 Thunder export contracts to Poland: 2014 ($310M/120 chassis), July 2022 framework (672 K9PL systems), September 2022 (PLN 3.8B/48 Krabs), December 2024 (PLN 9B/96 Krabs through 2029)
Wikipedia: K9 ThunderReported2026-07-26 - 3
Australia's Land 8116 Phase 1 program: contract awarded December 2021, valued at $788 million, for 30 AS9 Huntsman self-propelled howitzers and 15 AS10 AARVs, produced at the Hanwha Armoured Vehicle Centre of Excellence in Geelong, Victoria
Army Recognition: Australia's new AS9 Huntsman 155mm howitzer makes first appearance in South Korea for testing phaseVerified2025-08-27