South Korea's defense industry faces a critical question as global arms makers consolidate to compete for increasingly complex, multibillion-dollar contracts: Can its fragmented aerospace and weapons businesses keep pace with larger international rivals? Hanwha Group's potential acquisition of Korea Aerospace Industries is one potential answer, bringing aircraft manufacturing, engines, radar systems, missiles and space technologies under a single corporate umbrella. Supporters argue the combinat
The case for a Hanwha-KAI merger, from Lockheed Martin to SpaceX
