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Hanwha Aerospace to spin off industrial solutions businesses from defence

SEOUL (Reuters) -South Korea's Hanwha Aerospace Co said on Friday it will spin off its industrial solutions and semiconductor equipment businesses from its flagship defence division. On Tuesday, shares of Hanwha Aerospace jumped more than 15% on expectations of a possible spinoff to strengthen its focus on defence. "Hanwha Group is upgrading management efficiency and strengthening its business competitiveness by separating its defence business and industrial solutions business," it said in a sta ....

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Hanwha Aerospace to spin off semiconductor equipment unit

South Korea s Hanwha
Aerospace Co said on Friday it will spin off its
industrial solutions and semiconductor equipment businesses from
its flagship defence division.
(Reporting by Jack Kim
Editing by. ....

Soult Ukpyolsi , South Korea , Ed Davies , Korea Hanwha Aerospace Co , Jack Kim Editing ,

Deputy nat'l security adviser departs for Britain for cybersecurity, defense talks

Second Deputy National Security Adviser Lim Jong-deuk departed for Britain on Monday to discuss cooperation in the cybersecurity and defense sectors, according to the Office of National Security. During his six-day visit to London, Lim plans to hold meetings with ranking officials in the defense, foreign and national security sectors, as the two countries prepare to mark the 140th anniversary of diplomatic ties. &quo. ....

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South Korea's Hanwha Wins $3.4 Billion Australian Defense Deal

South Korea's Hanwha Wins $3.4 Billion Australian Defense Deal
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South Korea increases arms sales to record high

South Korea has signed an arms sale deal with Poland that brings its arms exports to a new high, and experts foresee it further sharpening its competitive advantage to achieve its goal of becoming one of the world's top four weapons suppliers. ....

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