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Worldwide Multiple Launch Rocket Systems Industry to 2025 - Players Include IMI Systems, Larsen & Toubro and Lockheed Martin Among Others


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The global multiple launch rocket systems (MLRS) market grew at a CAGR of around 6% during 2014-2019. A multiple launch rocket system (MLRS) is a versatile automatic weapon used to fire guided rockets and missiles. The launcher is mounted on stretched chassis and comprises a fire control computer. MLRS delivers a large firepower volume to strike long-range and high payloads at all depths of the tactical battlefield. At present, modern wheeled systems, which are lightweight and have high mobility and speed compared to tracked systems, are gaining traction in the defense and military sector worldwide. ....

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Chairman Kim Seung-yeon returns to Hanwha Group to drive new businesses


Chairman Kim Seung-yeon returns to Hanwha Group to drive new businesses
ANI |
Updated: Apr 01, 2021 08:51 IST
Seoul [Sout Korea], April 1 (ANI/Global Economic): As Chairman of Hanwha GroupKim Seung-yeon returns to management after seven years, Hanwha s core affiliates are taking a drive in new businesses.
Following trillions of investments in space and aviation, it will also promote its own production of Dinitrotoluene (DNT).
It was announced on Wednesday that Hanwha Solutions [009830] and Hanwha Co., Ltd. are planning to jointly invest a total of 350 billion won to build a nitric acid and nitric acid derivatives (DNT) production facility in Yeosu Industrial Complex. ....

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