Hanwha Aerospace Establishes Middle East and North Africa Regional Headquarters in Saudi Arabia

Participation in Saudi Vision 2030 Military Modernization
Expanding Integrated Solutions of Three Defense Affiliates Across the Region

Hanwha Aerospace has established a Middle East and North Africa (MENA) Regional Headquarters (RHQ) in Saudi Arabia, taking steps to expand local security and economic cooperation.

Hanwha Aerospace announced on the 4th that it held an opening ceremony for the RHQ in Riyadh, Saudi Arabia, on the 3rd (local time). The event was attended by approximately 120 officials from both countries, including Sung Il, President of Hanwha Aerospace Middle East and Africa Headquarters; executives from Hanwha’s defense affiliates; Seok Jonggun, Administrator of the Defense Acquisition Program Administration; Moon Byungjun, Charg? d'Affaires of the Embassy of the Republic of Korea in Saudi Arabia; and Ahmad Abdulaziz Al Ohali, Governor of the Saudi Military Industry Authority.

On the 3rd (local time), officials participating in the opening ceremony of Hanwha Aerospace's Middle East headquarters held a congratulatory ceremony in Riyadh, Saudi Arabia. From left to right: Saleh bin Abdullah Al Aqili, Deputy Governor of the Saudi Military Industry Authority; Seok Jonggun, Administrator of the Defense Acquisition Program Administration; Ahmad Abdulaziz Al Ohali, Governor of the Saudi Military Industry Authority; Seong Il, President of Hanwha Aerospace Middle East and North Africa Headquarters; Moon Byungjun, Charg? d'Affaires of the Embassy of the Republic of Korea in Saudi Arabia. Provided by Hanwha Aerospace

The RHQ will oversee Hanwha’s existing businesses in Saudi Arabia, the United Arab Emirates (UAE), Egypt, and other countries. In particular, by aligning with Saudi Arabia’s “Vision 2030,” Hanwha plans to participate in military modernization projects and the development of the local industrial ecosystem, thereby strengthening security and economic partnerships. Based on the integrated solutions of Hanwha’s three defense companies-Hanwha Aerospace, Hanwha Systems, and Hanwha Ocean-the company aims to expand its business across the entire Middle East and North Africa region.

Sung Il, President of the Middle East and Africa Headquarters, stated, “The launch of the RHQ is a key bridgehead for Hanwha Group to strengthen cooperation with countries in the region,” adding, “We will pursue various localization strategies based on our accumulated partnerships.” Administrator Seok Jonggun commented, “The RHQ will serve as an advanced base for Korean defense companies in Saudi Arabia and the region. The government will also contribute to strengthening defense capabilities and economic development centered around this initiative.”