Hanwha Aerospace plans to produce DefenseTech in Germany

Korea/Stuttgart — Gleiss Lutz is advi­sing Hanwha Aero­space (“Hanwha”), a global leader in the defense and aero­space indus­try head­quar­te­red in South Korea, on its entry into the German defense market.

The core company of the Hanwha Group, one of South Kore­a’s largest indus­trial conglo­me­ra­tes and a Fortune 500 company, is plan­ning substan­tial invest­ments in Germany by estab­li­shing produc­tion faci­li­ties and part­ner­ships with the German secu­rity and defense indus­try and regio­nal suppli­ers. — The port­fo­lio includes artil­lery systems, armored vehic­les, precis­­ion-guided muni­ti­ons, aircraft engi­nes and satel­lite and space technologies. 

With the estab­lish­ment of its German subsi­diary, Hanwha Defence Deutsch­land (HDD), Hanwha has reached a key mile­stone in its entry into the German market. This is part of a broa­der growth stra­tegy to posi­tion Germany as a Euro­pean hub for NATO-rela­­ted defense acti­vi­ties and to streng­then the capa­bi­li­ties of the Bundes­wehr and its Euro­pean allies. 

Advi­sor Hanwha Aero­space: GLEISS LUTZ 

Dr. Anselm Chris­ti­an­sen (part­ner, corporate/M&A, lead) and Dr. Chris­toph Goller, photo © Gleiss Lutz (defense secu­rity, both Stuttgart);
Dr. Michael Burian (part­ner, Frank­furt), Jose­fine Wiegand, Sonja Hilgert (both Berlin) and Sumiko Sato (all corporate/M&A, Munich), Dr. Marc Ruttl­off (part­ner), Dr. Frie­de­rike Niemann, Simon Kaifel (all Public Law), Prof. Dr. Eric Wagner (Part­ner), Dr. Simon Wagner (Coun­sel, both Commer­cial, all Stutt­gart), Dr. Rut Stein­hau­ser (Part­ner), Dr. Sophie Bahr, Leon Werlitz (Employ­ment Law), Dr. Alex­an­der Molle (Part­ner, all Berlin), Chris­tian Eulen­pesch (Coun­sel, Stuttgart,
both IP/Tech).