Hanwha Aerospace (Hanwha Aero) is pushing for a capital increase of 3.6 trillion won, amid analyses that the background is a strategy for management succession. Before announcing the capital increase, ...

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 ...

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 ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. The ability to win and deter wars depends on a country’s ability to manufacture at scale. If ...

South Korea aims to launch first nuclear-powered submarine by the mid-2030s South Korea will seek to launch its first nuclear-powered submarine by the mid-2030s, under a new programme aimed at ...