Hanwha of Seoul makes the K9 Thunder — the self-propelled howitzer bought by Poland, Australia, Egypt and Romania in multi-billion deals — plus the Chunmoo rocket system and the Redback infantry fighting vehicle. South Korea’s top arms group posted $5.7B in arms revenue in 2023 (SIPRI), up 53%.
| Company | Hanwha |
|---|---|
| Country | South Korea |
| Headquarters | Seoul |
| Arms revenue, 2023 | $5.7 billion (2023, Hanwha Group) |
SIPRI Top 100 2023 (Dec 2024); Company public reporting