Hanwha Aerospace partners with Spain's Indra Group for Chile's armored vehicle project

▲ Officials from Hanwha Aerospace Co. and Indra Group, including Kim Dong-hyun (C), head of land systems business at the Korean company, pose for a photo after signing a memorandum of understanding during this year's International Air and Space Fair, or FIDAE 2026, in Santiago, Chile, on April 8, 2026, in this photo provided by Hanwha Aerospace. (PHOTO NOT FOR SALE) (Yonhap)

Hanwha Aerospace-Spanish firm

Hanwha Aerospace partners with Spain's Indra Group for Chile's armored vehicle project

SEOUL, April 9 (Yonhap) -- Hanwha Aerospace Co. said Thursday it has partnered with Spain's defense company Indra Group to collaborate on a military project in Chile.

The two companies signed a memorandum of understanding (MOU) on Wednesday (local time) during this year's International Air and Space Fair, or FIDAE 2026, in Santiago, Chile, according to Hanwha Aerospace.

Under the MOU, they will jointly propose an integrated solution for Chile's armored vehicle modernization project.

Hanwha Aerospace will supply platforms such as its Tigon wheeled armored vehicle, while Indra will be responsible for mission systems equipment, including communications, situational awareness and command and control (C2). The Spanish company will also provide support for the coordination of operations in South America.

The two companies also plan to jointly develop the ground defense market in Central and South America, starting with Chile.

Indra Group is a leading European defense company doing business in more than 140 countries. It has advanced technological capabilities in mission systems for ground weapon systems, along with a strong track record and extensive local network in Central and South America.

"We plan to actively promote our ground defense solutions in South America by leveraging Indra's capabilities in defense electronics and its local network in the region," said Kim Dong-hyun, head of land systems business at Hanwha Aerospace.

"We will contribute to strengthening the defense capabilities and revitalizing the defense industry in South American countries, including Chile."

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