Hanwha joins Shangri-La Dialogue on defense cooperation
Hanwha made its mark at the 23rd IISS Asia Security Summit, commonly referred to as the Shangri-La Dialogue, which took place in Singapore from May 29-31.
The company’s involvement underscores its escalating significance in the global defense arena. Engaging in meaningful dialogues concerning the future of defense industrial collaboration, Hanwha interacted with high-ranking officials from the United States, the United Kingdom, Singapore, and other nations, alongside leaders from prominent global defense firms.
This year’s summit prominently featured a theme focused on restructuring the global security framework around competent allies. The United States urged allied nations to enhance their defense capabilities and industrial bases while contributing more actively to both regional and global security efforts.
Hanwha is committed to complementing this initiative by integrating industrial capacities into allied economies. Moving away from traditional export models, the company aims to assist allied nations in developing their defense industrial capabilities domestically by producing in collaboration with partners.
Industrial capacity emerged as another key topic at the summit. Participants emphasized the urgent need to bolster production capabilities across allied nations, especially in critical areas like long-range strike capabilities. This strategic approach has resonated in broader discussions among allied nations, with emphasis placed on fortifying the collective industrial base for joint utilization.
The Shangri-La Dialogue convenes defense ministers, military leaders, senior government officials, and industry executives worldwide. While the focus remains on Indo-Pacific security, the summit serves as a platform for wider discussions on allied defense strategies, providing a neutral environment for governments and industry to address pressing global security challenges. Hanwha, with its advanced production capabilities spanning land and maritime defense platforms and AI technologies, actively participates in these essential conversations.
Alex Wong, President of Hanwha Group and Global Chief Strategy Officer, emphasized the company’s advantages, stating, “Hanwha deploys world-class advanced manufacturing technology, produces state-of-the-art defense platforms, and possesses a significant and expanding global footprint. The company is uniquely positioned to partner with nations urgently seeking to strengthen their defense capabilities and industrial bases.”
About Hanwha Aerospace
Hanwha Aerospace stands as a premier provider of advanced defense, aerospace, and industrial solutions with a broad presence across Asia, Europe, the Middle East, and the Americas. Its extensive portfolio encompasses land, sea, air, and space domains, featuring artillery systems, armored vehicles, precision-guided munitions, aircraft engines, satellites, and space launch technologies.
As a core affiliate of Hanwha Group, Hanwha Aerospace is dedicated to reinforcing global partnerships through localization, co-production, and technology transfer.
For more information, visit: www.hanwhaaerospace.com
About Hanwha Ocean
Hanwha Ocean is a renowned global shipbuilder with over four decades of expertise in complex naval and commercial shipbuilding endeavors. Equipped with a vast, integrated shipyard in Geoje, South Korea that spans 5 square kilometers and employs more than 31,000 individuals, the company merges solid industrial capabilities with operational proficiency to supply modern naval platforms accompanied by a robust through-life support framework.
Since its inception in 1973, Hanwha Ocean has delivered over 1,400 vessels globally and possesses extensive knowledge in the design, construction, and maintenance of submarines and surface combatants for the Republic of Korea Navy. The company constructs around 45 commercial and naval vessels annually.
For more information, visit: www.hanwhaocean.com
