Tag: Hanwha Aerospace
South Korea’s Hanwha wins $7B Australian Defence contract for IFV manufacturing
Hanwha Defense Australia has secured a $7 billion contract to deliver and support 129 locally built Redback infantry fighting vehicles (IFV) for the Australian Army.
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
