Hanwha Systems Co Ltd - Company Profile
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Hanwha Systems Co Ltd (Hanwha Systems), a subsidiary of Hanwha Aerospace Co Ltd, is a defense electronics company that provides information and communications technology (ICT) service solutions. The company operates in the areas of satellite, aerospace, security and safety and information systems service. Its products include radar and electro-optical, command and control and fire control (C2, FCS), command and control system (C4I), military satellite communication system, tactical communication system, among others. Hanwha Systems also offers advanced electronic equipment for missions, presentations, survival and communications mounted on fixed-wing, rotary-wing and unmanned aircraft, as well as aircraft modification business. It also supplies electro-optical payloads and high-performance synthetic aperture radar (SAR) payloads for medium and large satellites. Hanwha Systems is headquartered in Gumi, South Korea.
Headquarters
South Korea
Address
264-60 Sanho-daero, Gumi, 39376
Website
www.hanwhasystems.com
Telephone
82 2 7294605
Industry
Aerospace and Defense
Ticker Symbol & Exchange
272210 (KRX)
Revenue (2024)
$2.6B
30.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-46.7%
(2024 vs 2023)
Market Cap*
$8.3B
Net Profit Margin (2024)
XYZ
-59.2%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Defense: | Infrastructure Operation Services |
| Electronic Optics | H/W and S/W Installation |
| Command, Control and Communication | Maintenance Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company entered into a memorandum of understanding with Milrem Robotics to study the integration of advanced sensing, electronic warfare, and weapon integration solutions onto autonomous ground vehicles. |
| 2026 | Contracts/Agreements | In July, the company signed R&D contracts with Seoul National University and Sungkyunkwan University to develop defense semiconductors for radars, seekers, SAR satellites, communications, and HPM. |
| 2026 | Acquisitions/Mergers/Takeovers | In March, the company and Hanwha Aerospace USA acquired a 4.99% stake in Korea Aerospace Industries Ltd. |
Competitor Comparison
| Key Parameters | Hanwha Systems Co Ltd | Hyundai Rotem Co | LIG Defense & Aerospace Co Ltd | Korea Aerospace Industries Ltd | Kencoa Aerospace Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | South Korea | South Korea | South Korea |
| City | Gumi | Changwon | Yongin | Sacheon | Sacheon |
| State/Province | - | Seoul | - | - | - |
| No. of Employees | - | 5,053 | 4,796 | 3,530 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Son Jae-il | Chief Executive Officer; Director | Executive Board | - | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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