Korea Defense: What‘s new in Korea defense? Order visibility heightening for missile systems and navy; all eyes on Canada submarine deal

Research evidence excerpt

Korea Defense: What‘s new in Korea defense? Order visibility heightening for missile systems and navy; all eyes on Canada submarine deal

in the aerospace and defense sectors.

Hanwha Aerospace, the group’s key defense unit, said Tuesday it acquired 3.02 million

shares of KAI for 499.9 billion won ($332 million), bringing its total holdings to 6.33 million

shares, or a 6.5 percent stake. Hanwha Aerospace’s board also approved an additional 500

billion won investment that day, intended to raise its KAI stake to 9.97 percent by the end of

the year. If completed as planned, the group’s combined ownership in KAI is expected to

exceed 12 percent. (The Korea Herald)

Hanwha’s new Striker-S MUSV integrates Chunmoo rocket launcher for uncrewed

naval strike (16 June)

Hanwha Aerospace unveiled the Striker-S Medium uncrewed surface vessel (MUSV) at the

Eurosatory 2026 defense exhibition in Paris. The 35-meter, 250-ton autonomous platform

integrates a containerized Chunmoo rocket launcher to establish a dedicated, long-range

maritime strike capability. This deployment transitions heavy precision firepower away from

high-value crewed combatants onto distributed, modular unmanned surface vessels designed

to saturate contested littoral environments. (Army Recognition)

Hanwha presents K9A2, Chunmoo and air-defense systems at Eurosatory as it expands

European partnerships (15 June)

Hanwha is exhibiting field-proven defense systems and European industrial cooperation

plans at Eurosatory 2026 in Paris. The exhibition opened today at the Paris Nord Villepinte

exhibition center and runs until 19 June. Hanwha Aerospace and Hanwha Systems are

exhibiting jointly under the theme “Field-Leading Innovation, Hanwha”. The companies are