Hanwha Ranks No. 16 Among Global Top 100 Defense Firms as Revenue Jumps
Hanwha climbed to No. 16 in Defense News’ global Top 100 defense firms, helped by sharply higher defense revenue. Its Hanwha Group ranked 16th with about $10.44 billion in 2025 revenue. Hanwha Aerospace also signed a deal with Indra Sistemas to export K9 howitzer prototypes worth up to $262.9 million, while Hanwha Philly Shipyard was selected to build two missile range ships for the U.S. Missile Defense Agency under a roughly $2 billion project.