Hanwha Systems Co., Ltd. (KOSE:A272210) agreed to acquire Laser Business of Hanwha Aerospace Co., Ltd. from Hanwha Aerospace Co., Ltd. (KOSE:A012450) for KRW 0.01 million on January 22, 2025. A cash consideration of KRW 0.01 million will be paid by Hanwha Systems Co., Ltd. As part of consideration, KRW 0.01 million is paid towards assets of Laser Business of Hanwha Aerospace Co., Ltd.
Hanwha Systems Co Ltd is a Korea-based company principally engaged in the defense business. The Company operates its business through three segments. The Defense Business segment is engaged in the manufacture and sale of ground weapon systems, maritime weapons systems, aerospace systems and others. The Information and Communication Technology (ICT) Business segment is engaged in the provision of computer system design and construction, computer system consignment operation and information technology (IT) convergence engineering services. The New Business segment is engaged in the provision of satellite communication antenna, digital platform, electric sensors and others.
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