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Hanwha Aerospace Secures Agreement with U.S. Army for Mobile Tactical Cannon Prototypes Worth $262.9 Million.

Aug 19, 2026•20 days ago

Contract Type

agreement

South KoreaManufacturingAerospace

Description

Hanwha Aerospace has signed an agreement with the U.S. Army to develop six prototype systems for its Mobile Tactical Cannon program. The agreement, valued at $262.9 million, is pivotal for the Korean defense industry, marking the first such engagement with a complete military weapons system.

Company Information

Company

Hanwha Aerospace Ltd

Location

South Korea

About

Hanwha Aerospace is a South Korean company involved in the aerospace industry. It develops various aircraft and military systems. The company is part of the Hanwha Group, a major business conglomerate in South Korea. Hanwha Aerospace focuses on creating innovative solutions for air transportation.

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