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SEOUL, Oct. 9 (Yonhap) — Hanwha Aerospace Co. announced Monday its U.S. branch will be exhibiting its defense products at the U.S. Army’s Annual Meeting & Exposition this week.
Hanwha Defense USA will be participating in the event, which will take place from Monday to Wednesday (local time) at the Walter E. Washington Convention Center in Washington, D.C., in the hopes of making deals in the U.S. market, the company said in a statement.
The U.S. defense industry market is estimated to be worth 500 trillion won (US$370 billion) a year.
Hanwha has chosen to take part in the AUSA exhibition due to the increasing demand for artillery and defense products caused by the Russia-Ukraine conflict and the growing geopolitical tensions around the world.
Hanwha plans to display K9 self-propelled howitzers, artillery modular charging systems, ammunition resupply vehicles and TAipers guided air-to-ground missiles, among other products, the statement said.
This photo provided by Hanwha Aerospace shows its booth set up to promote its defense products at the Association of the U.S. Army's Annual Meeting & Exposition scheduled from Oct. 9-11, 2023, at the Walter E. Washington Convention Center in Washington, D.C. (PHOTO NOT FOR SALE) (Yonhap)
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