Defense industry: How South Korean defense group Hanwha wants to break into Europe

Rising European defense spending is also attracting South Korean defense contractors. Hanwha aims to participate in the development of deep precision strike systems and established a German subsidiary this year.

18. May 2026
Das Raketenartilleriesystem K239 Chunmoo Südkoreas, ausgestellt auf der Eurosatory in Paris.
The South Korean-made K239 Chunmoo rocket artillery system on display at Eurosatory in Paris. (picture alliance / NurPhoto | Artur Widak)

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Last updated: 18. May 2026