Hanwha Aerospace announced plans to raise 3.6 trillion won ($2.5 billion) through a record stock sale approved by its board on Thursday. The capital will support investments in the defense, maritime, and aerospace sectors. The company aims to establish strategic production bases in regions such as Europe and the United States. Hanwha targets 70 trillion won in sales and 10 trillion won in operating profit by 2035. CEO Son Jae-il stated the initiative will position the company as a “global top-tier” player.
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