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Hanwha Aerospace conducts spinoff to focus on defense industry

Hanwha Aerospace, the defense arm of South Korea’s seventh-largest conglomerate Hanwha Group, said Friday it will segregate its non-military businesses into a newly established corporation, aiming to focus on its defense business operations. According to Hanwha Aerospace’s announcement Friday, Hanwha Aerospace will spin off a new entity, tentatively named Hanwha Industrial Solutions. This new corporation . ....

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Versarien to sell Korean Assets and Licencing of IP

Versarien Plc (LON:VRS) has sold its Korean plant to MCK Tech, along with an exclusive licence agreement for patents, as part of its turnaround strategy. ....

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Versarien sells South Korean plant, licenses patents

Versarien announced on Monday that it had finalised an agreement with MCK Tech to sell its plant and equipment in South Korea for £0.6m. ....

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You Probably Didn't Realize These Popular Companies Also Make Military Hardware

It might surprise you that the company that makes your cell phone is also a major player in the defense industry. Read on to learn more. ....

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The U.S. Should Oppose the U.N.'s Attempt to Ban Autonomous Weapons

The U.S. Should Oppose the U.N.'s Attempt to Ban Autonomous Weapons
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