Korean Defense Big Four Profits Projected at ₩7.5 Trillion in 2026
Combined operating profits for Korea's four major defense contractors — Hanwha Aerospace, Hyundai Rotem, KAI, and LIG Nex1 — are projected to reach ₩7.5 trillion ($5.5B) in 2026, up from ₩5.2 trillion in 2025. Combined revenue is forecast to hit ₩50.6 trillion ($37.4B), adding more than ₩10 trillion in a single year. Hanwha Aerospace posted record earnings driven by strong ground weapon sales, while Hyundai Rotem's revenue is expected to surge 30% on K2 export momentum.
Related Contracts
Croatia K239 Chunmoo Multiple Rocket Launcher Contract
Croatia · signed
US Army K9MH Mobile Tactical Cannon Prototype Contract
United States · signed
Estonia Follow-On K239 Chunmoo MLRS Order (3 Additional Launchers)
Estonia · signed
Malaysia K-SAAM Haegung Ship-Launched SAM
Malaysia · signed
Finland K9 Thunder SPH Second Batch
Finland · signed
Related News
Korea and Estonia defense industry associations sign first MOU at inaugural Tallinn forum
September 18, 2026
LIG D&A chairs new defense supply-chain security partnership backed by the NIS and SME ministry
September 17, 2026
Hyundai Rotem unveils Poland-specific K2PL at MSPO 2026 and signs armor-steel MOU with Huta Czestochowa; Hanwha and PGZ set partnership terms for 672 K9s
September 9, 2026
Korean defense majors converge on MSPO 2026 in Kielce to push air defense, lasers, and MRO packages to NATO buyers
September 7, 2026