[Featured Stock] Hanwha Aero Rises for Second Day on Expectations of Strengthened Korea-US Military Cooperation

On the 7th, Hanwha Aerospace showed a significant upward trend for the second consecutive day in the stock market. This was driven by expectations that overseas orders will increase due to strengthened defense cooperation between Korea and the U.S., following record-breaking quarterly performance from defense exports.

Former ROK-US Combined Forces Commanders who visited Hanwha Aerospace's Changwon 3 Plant in Gyeongnam, along with Shin Hyun-woo, President of Hanwha Aerospace (fifth from the left), and Lim Ho-young, Chairman of the ROK-US Alliance Foundation (seventh from the left), are taking a commemorative photo together.

As of 1:15 PM on the same day, Hanwha Aerospace was trading at 402,500 KRW, up 3.87% from the previous day's closing price. After rising over 7% the day before, it has shown a relatively strong upward trend for two consecutive days.

Hanwha Aerospace announced that it achieved a record quarterly operating profit of 477.2 billion KRW in the third quarter of this year. The cumulative operating profit for the third quarter reached 832.2 billion KRW, surpassing last year's annual operating profit within just three quarters.

Earlier on the 5th, three former commanders of the ROK-U.S. Combined Forces Command visited Hanwha Aerospace and emphasized the importance of defense cooperation between Korea and the U.S.

Walter Sharp, former commander of the ROK-U.S. Combined Forces Command, said after visiting the factory, "Hanwha Aerospace's weapon systems provide the necessary capabilities for the U.S. military, and through defense cooperation between the two countries, the Korea-U.S. alliance can be strengthened."