Hanwha Aerospace Posts Record Operating Profit of 856.4 Billion Won in Q3

Up 79.5% Year-on-Year, Setting a New Third Quarter Record
Ground Defense and Hanwha Ocean Lead Strong Performance
"Focusing on North America, Europe, and Middle East Markets in Q4"

Hanwha Aerospace continued its solid upward trajectory in the third quarter of this year, with both domestic sales and exports growing simultaneously.

On November 3, 2025, Hanwha Aerospace announced that its consolidated sales for the third quarter reached 6.4865 trillion won, with operating profit at 856.4 billion won. These figures represent increases of 147% and 79%, respectively, compared to the same period last year. Both sales and operating profit marked all-time highs for a third quarter.

Hanwha Aerospace's multiple launch rocket system Cheonmu. Photo by Kang Jinhyung

By business segment, the ground defense division drove performance. Sales rose by 27% to 2.1098 trillion won, and operating profit increased by 30% to 572.6 billion won. In particular, domestic sales increased by 33% year-on-year to 912.9 billion won, supported by the expansion of key mass production projects such as CBRN reconnaissance vehicles and wheeled anti-aircraft guns.

The aerospace division recorded a 26% increase in sales to 604 billion won, driven by higher aftermarket (A/M) demand for engine parts due to expanded maintenance needs. Operating profit turned positive, reaching 3.1 billion won.

Hanwha Ocean, a subsidiary, achieved sales of 3.0234 trillion won and operating profit of 289.8 billion won, thanks to increased sales of high value-added vessels such as LNG carriers and special-purpose ships. Hanwha Systems posted sales of 807.7 billion won and operating profit of 22.5 billion won.

A Hanwha Aerospace official stated, "In the third quarter, a balanced defense portfolio of domestic and export sales drove our performance," adding, "In the fourth quarter, we will focus on securing orders in North America, Europe, and the Middle East, based on land, sea, and air defense synergies with our subsidiaries."

This content was produced with the assistance of AI translation services.