K9 Self-Propelled Howitzer (Photo: Hanwha Aerospace)

 

 

[Alpha Biz= Kim Jisun] Hanwha Aerospace announced on Monday its plan to invest KRW 11 trillion in the mid-to-long term, including KRW 6.3 trillion to establish a European production base in Poland and other locations.


The company will raise KRW 3.6 trillion through a rights offering, while the remaining KRW 7.4 trillion will be secured through future earnings and loans from financial institutions.


Specifically, Hanwha Aerospace plans to allocate:


KRW 6.3 trillion for securing European production hubs, including in Poland, and establishing joint venture plants in the Middle East.
 

 

KRW 1.6 trillion for research and development (R&D) to advance defense technologies and gain a competitive edge in the market.
 

 

KRW 2.3 trillion for building ground defense infrastructure and smart factories.
 

 

KRW 1 trillion for internalizing aerospace defense technology.

 

[ⓒ AlphaBIZ. 무단전재-재배포 금지]