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Hanwha Ranks 16th as K9 and Chunmoo Exports Lift Defense Revenue

Hanwha Corporation logoHanwha Corporation
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Rheinmetall logoRheinmetall
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Exports of Hanwha’s K9 self-propelled howitzers and Chunmoo multiple-launch rocket systems have driven defense growth, alongside expanding local production, supplier networks, and operator-facing forums. Hanwha rose to 16th in Global Defense Rankings, reporting $10.43763 billion in defense revenue, up about $4 billion from 2024, with defense operations at 20% of total revenue.

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