Money and business

Generation 5 and Hanwha Aviation conclude a cooperation agreement to manufacture K9 howitzers in the UAE

Company signed Generation 5 Holding, a leader in the field of defense and technology, and Hanwha Aviation Company, a leading provider of advanced solutions in the fields of defence, aerospace and industry, have entered into an exclusive cooperation agreement aimed at joint work in the field of manufacturing and marketing howitzers. K9 155 mm caliber, in a step considered the first of its kind in the region.

The agreement is in line with the company’s vision Generation 5 It aims to transfer technology and support its manufacturing capabilities by concluding strategic cooperation partnerships with major international defense companies, while Hanwha is keen, through its companies, to invest sustainably in the field of defense industries and advanced technology, in order to consolidate its presence globally, especially in the region.

The agreement was signed by Dr. Khalifa Murad Al Balushi, Managing Director of the company Generation 5 Holding, and Il Sung, President of Hanwha Airlines for the Middle East and Africa, on the sidelines of the Eurosatory 2026 exhibition, which will be held from June 15-19 in Paris.

Dr. Khalifa Murad Al Balushi said: “The agreement reflects our commitment to developing advanced industrial capabilities through qualitative partnerships and the transfer of technologies, which enhances the competitiveness of our products and supports the growth of the national defense industries system. By combining our joint manufacturing expertise and our integrated industrial capabilities, we are in a leadership position that enables us to develop, manufacture and provide high-performance howitzer systems to our customers in line with our strategy aimed at transferring and localizing quality defense industry technology. We look forward to building a successful partnership with Hanwha Aviation in It serves our common interests and fulfills current and future user requirements in accordance with the highest international standards.”

For his part, Il Sung said: “Hanwha Air is continuously committed to establishing partnerships that create sustainable value for its customers and host countries. Our cooperation with Hanwha Airlines reflects Generation 5 Holding Our shared vision is to develop advanced capabilities in the field of defense manufacturing in the UAE, while ensuring the provision of long-term operational support to end users. We view this partnership as an important first step towards expanding industrial cooperation, enhancing knowledge sharing, and developing capabilities. “Together, we will explore broader opportunities to strengthen the UAE’s defense industries, and support its goals to be a leading regional hub for defense manufacturing and sustainment services.”

The agreement confirms the two companies’ commitment to developing a strategic partnership that contributes to the transfer of knowledge and advanced technology, enhancing industrial and manufacturing capabilities, and supporting the UAE’s goals in building an advanced and sustainable defense sector, in a way that serves the common interests of both parties and opens new horizons for expansion in regional and international markets.

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