Hanwha Defense Signs 208.6 Billion KRW Armored Vehicle Repair Parts Contract with Defense Acquisition Program Administration

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[Asia Economy Reporter Seongpil Cho] Hanwha Defense, a subsidiary of Hanwha Aerospace, announced on the 18th that it has signed a performance-based logistics (PBL) contract worth 208.636 billion KRW with the Defense Acquisition Program Administration for K-21 armored vehicle repair parts. This amount corresponds to 3.3% of the recent fiscal year's sales. The contract period is until September 30, 2026.

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