Signature of a MoU between IAI and Hanwha Defense.

According to a PR published by IAI on February 14, 2022, Israel Aerospace Industries and Hanwha Systems Co. have signed a Memorandum of Understanding (MoU) to market combat suites for naval platforms to customers around the world and specifically across Asia.
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Signature of the MoU between Israel Aerospace Industries and Hanwha Defense (Picture source: Stringfixer)

The companies each contribute a breadth of experience in naval combat technology, which will greatly enhance the potential for commercial presence across the Asian market.

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's family of loitering munitions, electro-optic solutions, and naval radars all contribute to the world-class, customer-tailored, naval solution offered.

Based on a rich technological heritage, delivering naval combat-proven offensive and defensive weapons, sensors, and combat management, Israel Aerospace Industries (IAI) have cooperated with the world's navies, fielding the latest defense solutions keeping naval fleets and maritime security forces ready for new challenges.

Israel Aerospace Industries, or IAI, is Israel's major aerospace and aviation manufacturer, producing aerial and astronautic systems for both military and civilian usage. IAI is completely state-owned by the government of Israel.