Hanwha Aerospace signs MoU with Indra Group for Latin American defence cooperation

Hanwha Aerospace has signed yesterday a memorandum of understanding (MOU) with defence and technology company Indra Group to jointly promote armoured vehicle solutions for the Chilean Army and cooperate across Latin America.

The signing ceremony took place at the FIDAE International Air and Space Fair in Santiago, Chile.

Dong Hyeon Kim, Head of Hanwha Aerospace's Land Systems Business Group, Domingo Castro Fernández, Indra's Director of Defence and Security for America, and María Dolores Carrillo Aguilera, Indra's Business Development Director of Land Systems, attended the ceremony.

The Republic of Korea's Ambassador to Chile, Hak-jae Kim, was also present and delivered congratulatory remarks.

Under the agreement, the two companies will jointly promote a combined solution for Chile's next-generation armoured vehicle program. Hanwha Aerospace will supply armoured vehicle platforms, while Indra will provide Mission System Equipment (conectivity, situational awareness and C2 among others) and serve as the regional coordination lead. The partnership also covers broader cooperation on ground defence programs in other countries.

"Indra has defence electronics capabilities and a track record in Latin America that complement our vehicle platforms. Through this MOU, the two companies will be able to offer a more complete package to armed forces in the region," said Dong Hyeon Kim, Head of Hanwha Aerospace's Land Systems Business Group

"This partnership creates an optimum framework for combining the core technologies and areas of excellence of both companies into a competitive, state-of-the-art product, capable of fulfilling to a high demand in the region" Domingo Castro Fernández, Indra's Director of Defence and Security for America.