# Who does Hanwha Aerospace pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/hanwha-aerospace · Facet: suppliers · Updated: 2026-10-10T16:08:11.478+00:00 · Source: ValueChain.wiki (cited money-flow graph)

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

### 현대위아 (high)  → /hyundai-wia.md
- metric: component 155 mm · K9 production · K9 howitzer gun-barrel caliber
- note: Hyundai Wia is a direct supplier. Sole-supplies 155 mm gun barrels for Hanwha Aerospace's K9 howitzer, linking K9 export growth to barrel volumes.
- [confirms] Hyundai Wia (KO, filing, published 2026-08-14) https://www.hyundai-wia.com/lib/common/download2.asp?fileUrl=/upload/RESULT&seq=2142&flag=1&tableName=RE_WIA_BIZ_NEWS: "H1 2026 revenue was KRW 4.533 trillion. Hyundai Motor and Kia are the main vehicle-parts customers, while Hyundai Transys is among the main suppliers."
- [confirms] Samsung Securities (KO, research, published 2026-03-06) https://www.samsungpop.com/common.do?cmd=down&contentType=application%2Fpdf&fileName=2010%2F2026030615573952K_02_05.pdf&inlineYn=Y&saveKey=research.pdf: "Hyundai Wia is the sole gun-barrel supplier for K2 tanks and K9 howitzers, with volume rising alongside customer exports."
- [confirms] The Asia Business Daily (EN, news, published 2025-08-13) https://www.asiae.co.kr/en/article/2025081310245914855: "As exports of K2 tanks and K9 howitzers to Poland increased, demand rose for gun barrels and weapon assemblies supplied by Hyundai Wia."
- [confirms] Hyundai Wia (EN, ir, published 2025-06-30) https://en.hyundai-wia.com/upload/download/2025_Sustainability_En_3.0.pdf: "HYUNDAI WIA manufactures a wide range of land-based weapon systems, including the main armaments for the K2 main battle tank and K9 self-propelled howitzer."
- [confirms] Hyundai Wia (KO, ir, published 2025-06-30) https://www.hyundai-wia.com/upload/download/2025_Sustainability_Ko.pdf: "Hyundai Wia manufactures land weapon systems including the main armaments for the K2 tank and K9 howitzer."

### 한화시스템 (high)  → /hanwha-systems.md
- metric: Market share 46.73% · 2026-03 · Hanwha Aerospace direct stake (59.54% with related parties)
- note: Largest shareholder of Hanwha Systems, holding 46.73% directly and 59.54% including related parties.
- [confirms] DigitalToday (KO, news, published 2026-03-30) https://www.digitaltoday.co.kr/news/articleView.html?idxno=649795: "As of March 30, 2026, Hanwha Aerospace and three related parties held 59.54% of Hanwha Systems, with Hanwha Aerospace alone at 46.73%."

### 한화오션 (Hanwha Ocean) (high)
- metric: Market share 30.4% · 2025-02 · single-largest-holder stake after block deal
- note: Single largest shareholder of Hanwha Ocean, having raised its stake from 23.14% to 30.4% in a February 2025 block deal.
- [confirms] KED Global (EN, news, published 2025-02-11) https://www.kedglobal.com/corporate-strategy/newsView/ked202502110003: "Hanwha Aerospace increased its Hanwha Ocean stake to 30.4% from 23.14% through a block trade."

### 한화오션 (최대주주) (high)  → /hanwha-ocean.md
- note: Largest shareholder of Hanwha Ocean via the 2023 DSME acquisition.
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311004557: "Hanwha Aerospace is the largest shareholder of Hanwha Ocean."

### 항공엔진 부품·소재 공급 바스켓 (비공개) (mid)
- note: Procures superalloys and precision parts for GTF engine components and MRO. Individual supplier shares are not disclosed.
- [mentions] DART (FSS) (KO, filing, published 2026-03-16) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260316001711: "The FY2025 business report covers raw-material and parts purchasing for the aero-engine business (individual supplier shares undisclosed)."

### 방산 부품·원자재 공급 바스켓 (비공개) (mid)
- note: Procures parts and raw materials for land-defense production such as the K9 and Chunmoo. Individual supplier shares are not disclosed.
- [mentions] DART (FSS) (KO, filing, published 2026-03-16) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260316001711: "The FY2025 business report covers raw-material and parts purchasing for the land-defense segment (individual supplier shares undisclosed)."

Reverse side: https://valuechain.wiki/hanwha-aerospace/customers.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