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Hanwha Aerospace Launches Romanian Defense Facility, Boosts Jobs

2/12/2026

Summary

Story summary

Hanwha Aerospace, a South Korean defense contractor, began construction of its first European facility in Petresti, Romania, the Hanwha Armoured Vehicle Centre of Excellence Europe.
Under a July 2024 contract, the site will produce 54 K9 self-propelled howitzers and 36 K10 ammunition resupply vehicles.
The project aims to support Romania's defense modernization and NATO objectives through 80% localization by Romanian industry, with expansions potentially creating up to 2,000 jobs.

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Story summary

Hanwha Aerospace, a South Korean defense contractor, began construction of its first European facility in Petresti, Romania, the Hanwha Armoured Vehicle Centre of Excellence Europe.
Under a July 2024 contract, the site will produce 54 K9 self-propelled howitzers and 36 K10 ammunition resupply vehicles.
The project aims to support Romania's defense modernization and NATO objectives through 80% localization by Romanian industry, with expansions potentially creating up to 2,000 jobs.