HSC and IAI Sign MoU to Collaborate on Marketing Combat Suites for Naval Platforms

Hanwha Systems Co. (HSC) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU) to collaborate on marketing combat suites for naval platforms.

In the context of the MoU, IAI and Hanwha Systems Co. will establish a steering committee to direct and monitor the progress of the collaboration.

“IAI is honored to sign this MoU with Hanwha Systems Co. to further market naval combat suite solutions. This milestone represents our deep cooperation with our partners in the Korean defense industry. Leveraging cutting-edge technologies and innovation, and based on decades of experience developing and fielding integrated naval suites, sensors, and combat systems, IAI’s innovative naval systems enable navies to protect their national waters even under the most challenging conditions. This, coupled with Hanwha's experience and expertise, allows for an even greater solution to customers across Asia," said Boaz Levy, President and CEO of IAI.

“Hanwha Systems has been providing combat systems solutions not only for the Korean Navy, but also for global customers, most representatively the Philippine Navy. I believe that this partnership that we recently concluded with IAI will contribute to strengthening naval combat capabilities of our customers in Southeast Asian countries, “stated Eoh Sung-chul, President and CEO of HSC.