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Hanwha Defense Usa

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Army taps Hanwha K9 for mobile howitzer prototype program
technology2 hours ago

Army taps Hanwha K9 for mobile howitzer prototype program

The Army awarded Hanwha Defense USA a contract to deliver six prototype Mobile Tactical Cannon (MTC) systems—with an option for 12 more—worth up to $233 million, for testing in a self-propelled howitzer modernization program to replace the M777 and M109A7. The prototypes will undergo operational experiments to gauge performance, reliability, and supportability, with results guiding future fielding. Competing bids came from Elbit America (with Anduril and Oshkosh Defense) using the SIGMA platform, Leonardo DRS with the Caesar, KNDS with the Caesar, Rheinmetall with the Remote Controlled Howitzer (RCH) 155 mm, and BAE Systems with the Archer. Hanwha is establishing a production/test facility in Opelika, AL, as the Army pursues a roadshow-style evaluation after years of failed self-propelled howitzer efforts (XM2001 Crusader, NLOS Cannon, ERCA).

Hanwha Pursues $1.2B Acquisition of Austal USA to Expand U.S. Shipbuilding Footprint
business8 days ago

Hanwha Pursues $1.2B Acquisition of Austal USA to Expand U.S. Shipbuilding Footprint

Hanwha Defense USA has made a preliminary, non-binding offer to acquire Austal USA for about $1.05–$1.2 billion in a cash-and-debt-free deal, contingent on thorough due diligence; Austal’s board says the proposal merits further evaluation and would not affect Austal’s Australasian operations or publicly traded shares. The move follows Hanwha’s earlier takeover bid and its June 2024 Philly Shipyard purchase, signaling a broader push into U.S. shipbuilding.