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Hanwha Aerospace Lands KRW 705 Billion Defense Contract

11/30/2025

Summary

Story summary

Hanwha Aerospace secured a KRW 705 billion contract with the Defense Acquisition Program Administration (DAPA) to mass-produce the Long-range Surface-to-Air Missile system.
The contract covers the delivery by 2030 of L-SAM launchers and anti-ballistic missiles.
Last month, Hanwha Aerospace received a KRW 357.3 billion contract for the L-SAM Multi-Function Radar.
The L-SAM system will strengthen South Korea's defense posture against evolving threats.

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Story summary

Hanwha Aerospace secured a KRW 705 billion contract with the Defense Acquisition Program Administration (DAPA) to mass-produce the Long-range Surface-to-Air Missile system.
The contract covers the delivery by 2030 of L-SAM launchers and anti-ballistic missiles.
Last month, Hanwha Aerospace received a KRW 357.3 billion contract for the L-SAM Multi-Function Radar.
The L-SAM system will strengthen South Korea's defense posture against evolving threats.