Dasco has signed a contract worth 10.23 billion won ($9M) with Hanwha Systems and Seongjeon Construction to supply and install solar structures for a 49.5 MW solar project in Saemangeum, Gunsan, South Korea. The contract runs until December 31, 2021.
Huneed Technologies signed a ₩7.9 billion contract with Hanwha Systems to supply Link-16 interoperability equipment for the Korean Joint Tactical Data Link System (JTDLS) program, with delivery by 2024.
Hanwha Systems will complete the acquisition of a 9.1% stake in U.S. satellite antenna maker Kymeta for 33.2 billion won on May 28, 2021. The deal includes exclusive distribution rights for Kymeta products in South Korea and joint development of next-generation electronic satellite communication antennas.