Hanwha Aerospace Partners with GE to Localize Naval Engine Packages
MOU Signed for Joint Development of Gas Turbine Engine Packages
Establishing a Joint Supply Chain for Naval Engines between South Korea and the U.S.
Hanwha Aerospace will jointly develop gas turbine engine packages for naval vessels with the United States-based GE Aerospace. The strategy is to enhance both the supply stability and technological self-reliance of naval ship engines by producing key components domestically, which have so far relied on imports.
On the 21st, Hanwha Aerospace announced that it had signed a memorandum of understanding (MOU) with GE Aerospace for the localization of gas turbine engine packages at the Seoul International Aerospace & Defense Exhibition (ADEX) 2025, held at KINTEX in Ilsan, Goyang, Gyeonggi Province. The signing ceremony was attended by Kim Sun, head of the aerospace division at Hanwha Aerospace, and Rita Flaherty, executive vice president of sales and business development for defense systems at GE Aerospace, among others.
At the ADEX 2025 exhibition at KINTEX in Ilsan, Kim Sun, head of the aerospace division at Hanwha Aerospace (left), and Rita Flaherty, vice president of GE Aerospace, signed a memorandum of understanding for the joint development of ship engine packages and took a commemorative photo. Provided by Hanwha Aerospace
View original imageThrough this agreement, the two companies will jointly develop package components and finished products for the LM2500 and LM500 series engines, which serve as the main engines for naval vessels, within South Korea. An engine package is a complete module that integrates fuel, cooling, control, and reduction systems with the main body; currently, many of these parts are sourced from overseas. Hanwha Aerospace expects that this localization initiative will significantly improve supply prices and delivery schedules. Additionally, by involving domestic specialized companies in the design and manufacturing stages, the company aims to expand the technological ecosystem and contribute to the establishment of a joint supply chain for naval ship engines between the South Korean and U.S. navies in the future.
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A Hanwha Aerospace official stated, "By securing core technologies for naval engine packages, we will strengthen our position as a global maritime security partner."
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