Hanwha Systems

Hanwha Systems Co., Ltd. is a South Korean company specializing in defense products and technologies. Established in 1978 and headquartered in Seoul, the company provides a wide range of solutions, including land systems for command, control, and communication, reconnaissance, and surface-to-air missile defense. Its naval systems encompass combat management, underwater surveillance, and unmanned systems. In the aerospace sector, Hanwha Systems develops fixed and rotary wing aircraft, unmanned systems, and satellite technologies. Additionally, the company offers IT services such as system integration and cloud management. Formerly known as Hanwa Thales Co., Ltd., Hanwha Systems has evolved to leverage advanced information and communication technology, positioning itself as a leader in the defense electronics industry while also catering to sectors such as finance, manufacturing, construction, and services.

Youn Kim

CEO

Past deals in Alaska

Hanwha Philly Shipyard

Acquisition in 2024
Hanwha Philly Shipyard is a commercial shipbuilding company that specializes in constructing vessels for the United States Jones Act market. The shipyard is equipped to build ocean-going merchant vessels, including containerships, product tankers, and aframax tankers. Founded in 1997 and headquartered in Oslo, Norway, the company operates a shipbuilding facility that delivers vessels and services under contract to its customers. The Jones Act market includes all water-borne transportation between U.S. ports, covering routes to non-contiguous areas such as Alaska, Hawaii, and Puerto Rico. Hanwha Philly Shipyard is a subsidiary of Aker Capital AS.
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