Hanwha Aerospace has signed a memorandum of understanding with defense and technology company Indra Group to jointly promote armored 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 defense and security for the Americas; 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 armored vehicle program. Hanwha Aerospace will supply armored vehicle platforms, while Indra will provide mission system equipment including connectivity, situational awareness, and command and control, among others, and serve as the regional coordination lead. The partnership also covers broader cooperation on ground defense programs in other countries.
“Indra has defense 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 a high demand in the region,” said Domingo Castro Fernández, Indra’s director of defense and security for the Americas.
