IDEX 2025: Hanwha looks to a proven template as it plans further international expansion
The Redback IFV being made for the Australian Army could meet other nation’s requirement. “Photo: Hanwha)
Hanwha Aerospace global defense CEO Michael Coulter was appointed to the seat just over two months ago. He sat down with Shephard at last week’s IDEX 2025 to outline his vision for how the company is looking to grow its footprint in the US and Europe.
Hanwha Aerospace has won some substantial contracts in new countries in the past few years, most notably in Australia and Poland, using the strong support of its home country of South Korea.
The K9 Thunder self-propelled howitzer (SPH) was a winner in both those countries using a system of tapping into local capability and in the case of Australia the company set up a manufacturing site for AS21 Redback tracked infantry fighting vehicle (IFV).
The company’s template, described by Coulter as “multi-domestic”, saw cooperation with local companies where possible and the establishment of new sites, as well as non-organic growth
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