Hanwha Defense Signs Supply Contract Worth 149.9 Billion KRW with Defense Acquisition Program Administration

[Asia Economy Reporter Oh Ju-yeon] Hanwha Aerospace announced on the 30th that its subsidiary, Hanwha Defense Co., Ltd., has signed a supply contract with the Defense Acquisition Program Administration for the second batch production of K105A1 self-propelled howitzers worth 149.9 billion KRW and 24 other items. This amount corresponds to 2.85% of Hanwha Aerospace's consolidated sales in 2019.