Hanwha Aerospace to Promote 'Joint Overseas Entry' with Partner Companies

General Assembly of the Win-Win Cooperation Council with 59 Partners
Supporting Joint Overseas Entry and Localization with a Two-Track Approach
Expanding Overseas Infrastructure, Export Financing, and MRO Collaboration

Hanwha Aerospace will expand its support to help domestic partner companies enter overseas markets.

At the '2026 Partner Company Executives General Meeting' held on the 30th at the Grand Mercure Ambassador in Changwon, Gyeongnam, Lee Boohwan, CEO of Hanwha Aerospace (center in the front row), and representatives of partner companies are taking a commemorative photo. Hanwha Aerospace

On the 29th, Hanwha Aerospace announced that it held the "2026 Win-Win Cooperation Council CEO General Meeting" at the Grand Mercure Ambassador in Changwon, Gyeongnam, attended by CEO Lee Buhwan and about 90 participants, including representatives from 59 partner companies.

On the day of the event, Hanwha Aerospace presented "joint overseas entry" and "localization" strategies to support its partners' expansion abroad. This involves either entering overseas markets together with partners or applying the parts and technologies of domestic partners to local supply chains in response to production localization needs in defense export destinations.

To achieve this, Hanwha Aerospace will provide support such as co-participation in overseas exhibitions, sharing overseas research and development (R&D), production, and logistics infrastructure, export financing, and manpower and technological support for local settlement. The company is also considering designating partner companies in the maintenance, repair, and overhaul (MRO) and military logistics support sectors.

When a partner company proposes a new technology development or localization project for components, Hanwha Aerospace offers development costs and facility investment support, and if successful, provides opportunities to participate in mass production through its R&D support program.

Following the Seoul International Aerospace and Defense Exhibition (ADEX) last year, Hanwha Aerospace also set up a Win-Win Cooperation Pavilion at Eurosatory 2026 in France this June to help partner companies explore overseas markets.

"This year marks the beginning of our full-scale entry into the global supply chain with our partners," said Hanwha Aerospace CEO Lee Buhwan. "We will support domestic partners to secure competitiveness in overseas markets."

This content was produced with the assistance of AI translation services.