Hanwha Defense
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Hanwha Defense
Hanwha Aerospace Co., Ltd. (), formerly Hanwha Techwin Co Ltd, is a subsidiary of Hanwha Group, is an aerospace industrial company headquartered in Changwon, South Korea. It was established in 1977 as Samsung Precision. The company is Korea's only gas turbine engine manufacturer, and specializes in the development, production and maintenance of aircraft engines. In 1979, it started the aircraft engine business with gas turbine engine depot maintenance business, providing various gas turbines to Korea and all over the world and by 2016 the company had produced more than 8,000 pieces of equipment. History Samsung Precision (1977) Established in 1977 as Samsung Precision Industry, the company produced its first missile propulsion system in its first year of operation. In 1978, it established its first factory and precision machinery R&D institute in Changwon. In 1979, it began production of gas turbine engines for aircraft and started a joint venture with Minolta, Japan to produce ...
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Samsung Aerospace
Samsung Aerospace Ind., Ltd. (SSA; ) was a South Korean aerospace manufacturer. History The company was originally established as Samsung Precision () on 1 August 1977 with initial capital of ₩1 billion, and began constructing its first factory, a facility of , in Changwon, South Gyeongsang Province. In its early history the company manufactured a variety of products including cameras and lead frames, but its business came to focus increasingly on aerospace manufacturing, and so it changed its name to Samsung Aerospace Industries in February 1987. In 1996, SSA was considering to acquire Dutch aircraft manufacturer Fokker, but the plan was scrapped because of the economic problems emerging in South Korea in the late 90s. The company changed its name to Samsung Techwin in March 2000 after its aircraft division was merged into Korea Aerospace Industries (KAI) along with Daewoo Heavy Industries and Hyundai Space and Aircraft in 1999. Business activity Its business activity com ...
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National Pension Service
The National Pension Service (NPS; ) is a public pension fund in South Korea. It is the third largest in the world with over $800 billion in assets, and is the largest investor in South Korea. The system functions as part of a national social security framework, receiving insurance premiums from subscribers, employers, and the state, and providing old-age pensions, survivors' pensions, and disability pensions—thereby contributing to the stability of the state. It is designed to support individuals who have become non-economically active due to old age. Countries like Japan, Norway, Singapore, and the Netherlands also operate similar centralized systems. A notable difference is that, unlike sovereign wealth funds, only a few countries—including Korea and Japan—invest national pensions into stock markets. Given the fund's size (over ₩500 trillion), it often appears in financial news as a kind of “relief pitcher” during market volatility. It is looking to buy a portfoli ...
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Gas Turbine Manufacturers
Gas is a state of matter that has neither a fixed volume nor a fixed shape and is a compressible fluid. A ''pure gas'' is made up of individual atoms (e.g. a noble gas like neon) or molecules of either a single type of atom ( elements such as oxygen) or from different atoms ( compounds such as carbon dioxide). A ''gas mixture'', such as air, contains a variety of pure gases. What distinguishes gases from liquids and solids is the vast separation of the individual gas particles. This separation can make some gases invisible to the human observer. The gaseous state of matter occurs between the liquid and plasma states, the latter of which provides the upper-temperature boundary for gases. Bounding the lower end of the temperature scale lie degenerative quantum gases which are gaining increasing attention. High-density atomic gases super-cooled to very low temperatures are classified by their statistical behavior as either Bose gases or Fermi gases. For a comprehensive listing of ...
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Defence Companies Of South Korea
Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industry, industry which manufactures and sells weapons and military technology * Self-defense, the use of force to defend oneself * Haganah (Hebrew for "The Defence"), a paramilitary organization in British Palestine * National security, security of a nation state, its citizens, economy, and institutions, as a duty of government ** Defence diplomacy, pursuit of foreign policy objectives through the peaceful employment of defence resources ** Ministry of defence or department of defense, a part of government which regulates the armed forces ** Defence minister, a cabinet position in charge of a ministry of defense * International security, measures taken by states and international organizations to ensure mutual survival and safety Sports * Def ...
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Aerospace Companies Of South Korea
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, maintain, and repair both aircraft and spacecraft. The border between space and the atmosphere has been proposed as above the ground according to the physical explanation that the air density is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. This border has been called the Kármán line. Overview In most industrial countries, the aerospace industry is a co-operation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency ...
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Hanwha Subsidiaries
Hanwha Group () is a large business conglomerate (chaebol) in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosivestheir original businessto energy, materials, aerospace, mechatronics, finance, retail, and lifestyle services. In 1992, the company adopted its abbreviation as its new name: "Hanwha". History 1952–1999 Kim Chong-hee founded Korea Explosives Co. in October 1952. Prior to founding the company, Kim worked as a gunpowder engineer for the "Chosun Explosives Factory", a Japanese company. Later, he won the bid for the company and its Incheon factory and started the company there. From 1952 to 1963, the Korea Explosives Co. produced industrial explosives domestically, which was needed for construction and engineering of infrastructure. In the same time period, the Korea Explosives Co. started producing nitroglycerin, which gave it a monopoly i ...
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Defense Industry Of South Korea
The defense industry of South Korea is the main supplier of armaments to the Republic of Korea's Armed Forces. Originally heavily reliant on the United States to supply weapons to its armed forces, South Korea began manufacturing its own weapons through the country's industrialization and military modernization efforts. Today, South Korea enjoys a robust defense industry and is the world's 8th largest weapons exporter. History Background Following South Korea's liberation from Japan on 15 August 1945, the Republic of Korea established its first independent government along with its own armed forces on 15 August 1948. However, the ROK's military was unprepared and ill-equipped to fight due to their lack of personnel, training, and heavy weapons. In contrast, North Korea had significantly more personnel and benefited from the Chinese and Soviets in the form of rigorous training, manpower, military organization, and the supply of various weapons. This would prove devastatin ...
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Hanwha Techwin
Hanwha Vision (), founded as Samsung Techwin, is a video surveillance company. It is a subsidiary of Hanwha Group. The company employs 1,822 people and is headquartered in South Korea. Its total sales in 2020 were 529.8 billion South Korean won. Before the acquisition by Hanwha, Techwin also developed and sold automation, aeronautics, and weapons technology products. These businesses have since been spun off into dedicated Hanwha subsidiaries – Hanwha Precision Machinery, Hanwha Aerospace, and Hanwha Land Systems. History The company was founded as Samsung Precision in 1977, later renamed Samsung Techwin. Under Samsung, the company established a precision instrument laboratory in 1978, and started making cameras in 1979. In technical cooperation with General Electric, it started manufacturing jet engines for Korean aircraft in 1980. Manufacture of self-propelled artillery began in 1984. It changed its name to Samsung Aerospace (SSA) in 1987 and started to make helicopte ...
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K10 Ammunition Resupply Vehicle
The K10 ammunition resupply vehicle (ARV) is an automatic ammunition resupply vehicle based on the chassis of K9 Thunder, sharing most of the components and characteristics. IFS concept study started in November 1998 by Samsung Aerospace Industries and Pusan National University. Its design began in February 2002 by Samsung Techwin (previously Samsung Aerospace Industries), the Agency for Defense Development, and the DTaQ (Defense Agency for Technology and Quality), The army declared its completion in October 2005. The first vehicle rolled out in November 2006, with a price tag of 2.68 billion KRW. It was assigned to the 1st Artillery Brigade of the Republic of Korea Army. South Korea became the first nation to operate such type of military equipment. The vehicle has a combat weight of , and can support a K9 team by carrying and resupplying 104 shells of 155 mm artillery ammunition and 504 units of charges under heavy fire. The vehicle is operated by a 3-person crew, requirin ...
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K9 Thunder
The K9 Thunder is a South Korean 155 mm self-propelled howitzer designed and developed by the Agency for Defense Development and private corporations including Dongmyeong Heavy Industries, Kia Heavy Industry, Poongsan Corporation, and Samsung Aerospace Industries for the Republic of Korea Armed Forces, and is now manufactured by Hanwha Aerospace. K9 howitzers operate in groups with the K10 ammunition resupply vehicle variant. The entire K9 fleet operated by the ROK Armed Forces is now undergoing upgrades to K9A1, and a further upgrade variant K9A2 is being tested for production. As of 2022, the K9 series has had a 52% share of the global self-propelled howitzer market, including wheeled vehicles, since the year 2000. Development In the 1980s, the ROK Armed Forces came in need of a new artillery system to contest North Korean equipment. The armed forces operated M107 self-propelled guns and K55 self-propelled howitzers. However, they had shorter firing ranges compared to ...
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Korea Joongang Daily
''Korea JoongAng Daily'' () is the English edition of the South Korean national daily newspaper '' JoongAng Ilbo''. The newspaper was first published on October 17, 2000, as ''JoongAng Ilbo English Edition''. It mainly carries news and feature stories by staff reporters, and some stories translated from the Korean language newspaper. Overview ''Korea JoongAng Daily'' is one of the three main English newspapers in South Korea along with ''The Korea Times'' and ''The Korea Herald''. The newspaper is published with a daily edition of ''The New York Times'' and it is located within the main offices of the ''JoongAng Ilbo'' in Sangam-dong, Mapo-gu, Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b .... See also * List of newspapers in South Korea References SlayypookieExtern ...
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