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Hanwha Aerospace Terminates $330 Million Vertical Aerospace eVTOL Components Contract

Hanwha Aerospace has terminated a 454.8 billion-won (about $330 million) agreement with Britain's Vertical Aerospace to develop and supply key components for the VX4 electric vertical takeoff and landing (eVTOL) aircraft, citing changing market conditions and shifting business priorities. The South Korean aerospace and defense…

August 4th, 2026
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June 19th, 2026.

Hanwha Expands European Partnerships

The premier international land defence exhibition Eurosatory 2026, held…

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April 9th, 2026.

Hanwha, Indra Sign MOU for…

Hanwha Aerospace has signed a memorandum of understanding (MOU)…

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March 9th, 2026.

Hanwha Injects Capital Into Estonian…

The strategic landscape of Northern Europe underwent a significant…

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Hanwha Ramps Up Extended-Range Shell Production for Global…

Hanwha Aerospace has confirmed the commencement of full-scale mass production…

Hanwha Secures $4bn Polish Missile Deal

Hanwha Aerospace has formalised a significant executive contract with the…

Hanwha and EDGE to Expand Strategic Defence Cooperation

EDGE and Hanwha Aerospace have signed a Memorandum of Understanding…

Hanwha Aerospace to Develop Chunmoo Simulator for Norwegian…

Hanwha Aerospace has entered into a Memorandum of Understanding (MOU)…

Hanwha Aerospace Showcasing New K-NIFV

Hanwha Aerospace is showcasing its newest Infantry Fighting Vehicle in…

Cheonmu Missiles to Gain Anti-Jam Feature

South Korean Cheonmu precision missiles will soon be fitted with…

Hanwha Aerospace Bags Swedish Modular Charge Systems Contract

Hanwha Aerospace has entered ino a three-year framework agreement with…

Seoul ADEX 2025 is Shaping Up to be…

Seoul ADEX 2025, the 15th edition of the biennial airshow,…

Hanwha Aerospace to Help South Korea’s Space Rocket…

In a landmark move for South Korea’s private space sector,…

Hanwha Aerospace, WB Group Partner for Polish Missile…

Hanwha Aerospace has signed a term sheet agreement with Poland's…

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