Hanwha to build new L-SAM missile-defense systems

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Hanwha Aerospace has secured a new long-term production contract for South Korea’s next-generation Long-range Surface-to-Air Missile system. According to a press release from Hanwha Aerospace, the company signed a KRW 705.4 billion (approximately $482 million) agreement with the Defense Acquisition Program Administration (DAPA) to begin mass production of L-SAM launchers and anti-ballistic missiles through 2030. […]



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