Israel Aerospace Industries (IAI) and Hanwha Systems, one of South Korea’s leading defense contractors, have signed a Memorandum of Understanding (MoU) to sell naval platform combat kits to customers around the world, particularly in Asia.
Both companies contribute extensive experience in naval warfare technology, which will greatly enhance the potential for a commercial presence in the Asian market. In the context of the MoU, IAI and Hanwha Systems will establish a steering committee to guide and monitor the progress of the collaboration.
Boaz Levy, President and CEO of IAI, said: “IAI is honored to sign this MoU with Hanwha Systems to further promote Naval Combat Suite solutions. This milestone represents our deep collaboration with Korea’s defense industry partners. Leveraging cutting-edge technology and innovation, and building on decades of Experience in developing and deploying integrated naval suites, sensors and combat systems, IAI’s innovative naval systems enable navies to protect their nation’s waters even in the most challenging conditions. Combined with Hanwha’s experience and expertise, Asia can Customers provide better solutions.”
Eoh Sung-chul, President and CEO of Hanwha Systems, said: “Hanwha Systems provides combat system solutions not only to the South Korean Navy, but also to customers around the world, most notably the Philippine Navy. I believe that our recent partnership with IAI will help To strengthen the naval combat capabilities of our customers in Southeast Asian countries.”
IAI’s range of loitering munitions, electro-optical solutions and naval radars all contribute to the world-class, customer-specific naval solutions provided. Drawing on a rich technological heritage, Israel Aerospace Industries (IAI) provides naval battle-proven offensive and defensive weapons, sensors and battle management, partnering with the world’s navies to deploy the latest defense solutions to empower naval fleets and maritime security forces Get ready for new challenges.
