Hanwha Aerospace sets up Saudi unit in Middle East defense push

Hanwha Aerospace has established a wholly owned subsidiary in Saudi Arabia as the South Korean defense company steps up efforts to win weapons contracts across the Middle East. Industry sources said Wednesday that Hanhwa Defense Arabia was established in Riyadh in the first half of this year. The subsidiary is separate from Hanwha Aerospace's regional headquarters, which was set up in September 2025 to oversee existing operations and identify new business opportunities in the Middle East and Nor

Source: The Korea Herald