Asia / Pacific
Hanwha Group Signs MoU with UAE’s TQC for Defense System Testing
Hanwha Group signs MoU with UAE’s Tawazun Quality and Conformity for defense system testing and qualification assessment.
• Hanwha Aerospace 012450 and Hanwha Systems 272210 to collaborate with TQC.
• The deal aims to help UAE defense products meet global standards and expand Hanwha’s Middle East business.
• Shares of Hanwha Systems fell over 3% in recent trade.
