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Hanwha Aerospace Co Ltd: Overview

Hanwha Aerospace Co Ltd (Hanwha Aerospace) develops, manufactures, produces and maintains aircraft engines. The company offers aerospace products including liquid-fuel engines, satellite components and solid-fuel rockets and satellite thrusters. It also provides solar energy solutions, digital financial services, and retail and lifestyle services, engine repair, exchange, commissioning and parts installation services. Hanwha Aerospace caters its products and services to the aircraft industry. The company works in partnership with Pratt & Whitney for joint aircraft engine development. It has a presence in the UK, Iraq, the UAE, China, Singapore, Brazil and the US. Hanwha Aerospace is headquartered in Changwon, Seoul, South Korea.

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Headquarters South Korea

Address 1204, Changwon-Daero, Seongsan-Gu, Seoul, 51542


Telephone 82 55 2602114

No of Employees 4,407

Industry Aerospace and Defense

Ticker Symbol & Exchange 012450 (KRX)

Revenue (2022) $5.1B 18% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -20.5% (2022 vs 2021)

Market Cap* $6.3B

Net Profit Margin (2022) XYZ -32.7% (2022 vs 2021)

* As of and is in US$
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Products and Services

Products Services
Aircraft Engines and Parts Exchange, Commissioning and Parts Installation Services
Repair Services
Green Energy Solutions
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In December, the company secured a second phase contract to export 152 K9 self-propelled howitzers.
2023 Contracts/Agreements In December, the company signed an agreement to supply 129 Redback infantry fighting vehicles to Australia.
2023 Contracts/Agreements In December, the company secured an arms deal worth 3.4 trillion with Polish Armaments Agency to buy more than 150 additional South Korean K9 howitzers.
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Competitor Comparison

Key Parameters Hanwha Aerospace Co Ltd JALUX Inc Lockheed Martin Korea Mitsubishi Heavy Industries Aero Engines Ltd
Headquarters South Korea Japan South Korea Japan
City Changwon Minato-Ku - -
State/Province Seoul Tokyo - -
No. of Employees 4,407 1,905 - -
Entity Type Public Private Private Private
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Executives
Name Position Board Since Age
Jaeil Son Chairman Executive Board 2022 -
Kim Dong Kwan Director; Chief Executive Officer Executive Board 2021 -
Choi Kang Soo Director Non Executive Board 2018 -
Hyunjin Kim Director Non Executive Board 2021 -
Byeongcheol Ahn Director Non Executive Board 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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