# Who are Hanwha Aerospace's customers? Who does Hanwha Aerospace earn revenue from?
Canonical: https://valuechain.wiki/hanwha-aerospace · Facet: customers · Updated: 2026-10-10T16:08:11.478+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Hanwha Aerospace's confirmed revenue counterparties include RTX plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 3 revenue edges, backed by 6 dated sources, 1 of them primary filings (as of 2026-10-10).

### Polish government (Armament Agency) (high)
- metric: Amount ₩5.6T · 2025-12 · Third Chunmoo guided-missile execution contract
- note: Exports K9 howitzers and the Chunmoo rocket system to the Polish government (Armament Agency). The December 2025 third Chunmoo execution contract was about KRW 5.6 trillion, with cumulative Chunmoo contracts near KRW 13 trillion.
- [confirms] KED Global (EN, news, published 2025-12-30) https://www.kedglobal.com/aerospace-defense/newsView/ked202512300001: "Hanwha Aerospace signed a third Chunmoo execution contract with Poland worth about KRW 5.6 trillion ($4 billion), lifting cumulative Chunmoo contracts to roughly KRW 12.6 trillion."
- [confirms] Herald Economy (KO, news, published 2025-12-29) https://biz.heraldcorp.com/article/10645508: "Signed a third execution contract with Poland's Armament Agency for CGR-080 guided missiles, after a first (KRW 5.04 trillion) and second (KRW 2.2 trillion) contract, for a cumulative near KRW 13 trillion."

### 대한민국 정부 (방위사업청) (high)
- metric: Market share 30% · Q3 2025 · approximate domestic share of order backlog
- note: Supplies land-defense systems such as the K9 to the Korean government via DAPA; domestic orders are about 30% of the KRW 31 trillion backlog.
- [confirms] Money Today (KO, news, published 2025-11-03) https://www.mt.co.kr/industry/2025/11/03/2025110310492327381: "Q3 land-defense revenue of KRW 2.11 trillion and operating profit of KRW 527.6 billion led results; of the KRW 31 trillion backlog, roughly 30% is domestic and 70% export."

### RTX (high)  → /rtx.md
- note: A risk-and-revenue-sharing partner (RSP) on Pratt & Whitney's (an RTX company) GTF engine programs since 2015, supplying engine parts and providing aftermarket repair. Revenue and profit or loss are shared by ownership stake.
- [confirms] DART (FSS) (KO, filing, published 2026-03-16) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260316001711: "The annual report lists the P&W GTF RSP participation and engine parts business among core revenue lines."
- [confirms] Market Economy (KO, news, published 2021-07-06) https://www.meconomynews.com/news/articleView.html?idxno=54136: "Hanwha Aerospace signed an RSP agreement with P&W for the GTF engine in 2015, sharing revenue and profit or loss by stake, holding co-development partner status rather than a mere supplier role."
- [confirms] Pratt & Whitney (EN, ir, published 2019-06-17) https://app.prattwhitney.com/Pratt-Whitney-and-Hanwha-Aerospace-Co-Ltd-Sign-GTF-TM-Engine-Aftermarket-Agreements: "Hanwha has worked with Pratt & Whitney since 1985 and has been a risk and revenue sharing partner on all GTF engine programs since 2015, and was newly designated a repair source for GTF parts and components."

Reverse side: https://valuechain.wiki/hanwha-aerospace/suppliers.md · Ripple: https://valuechain.wiki/hanwha-aerospace/ripple.md

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Full node: https://valuechain.wiki/hanwha-aerospace.md · JSON: https://valuechain.wiki/hanwha-aerospace.json