The Korea Defense Industry Index

Hanwha Corp announced a planned spin-off/split into a surviving Hanwha Corp and a new holding company, Hanwha Machinery & Service Holdings. The plan was approved by Hanwha's board on 2026-01-14, is scheduled for shareholder approval at an extraordinary meeting on 2026-06-15, and the split effective date is scheduled for 2026-07-01.

Next earnings release is scheduled; expected to have a moderate impact on stock price.

Q1 2026 earnings release is scheduled.

The Q1 2026 earnings release is scheduled. Low impact is estimated as the market typically reacts to actual results rather than the announcement date.

The 24th Annual General Meeting of Shareholders is scheduled for March 31, 2026; low impact expected as a routine administrative event scheduled.

Ex-dividend date for Q1 2026 cash dividend of 400 KRW per share on March 30, 2026, scheduled for payment on May 26, 2026.

Annual general meeting of shareholders scheduled for March 30, 2026, to approve financial statements and elect directors. Low importance as routine agenda items likely result in <1% price impact scheduled.

On March 26, 2026, the company announced a long-term partnership with North American defense company Curtiss-Wright for the Canadian Patrol Submarine Project (CPSP). This strategic alliance is estimated to have a medium price impact (≥5%) as it increases the probability of winning a massive future contract, expected.

Analysts raised KAI's target stock price following the rollout of the first KF-21 mass-production model, forecasting strong earnings growth visibility until 2028, with KF-21's sales contribution estimated to reach nearly 30% by then, analysts forecasted.

The company approved its FY2025 financial statements and a dividend of KRW 2,491 per share at its Annual General Meeting on March 26, 2026. FY2025 results included revenue of KRW 403.3B and operating profit of KRW 56.0B. Medium importance is estimated based on the confirmation of annual performance and dividend payout, scheduled.

At the Annual General Meeting on 2026-03-26, a final cash dividend of KRW 1,200 per common share for the 2025 fiscal year was approved; a low impact is expected.

At the 27th Annual General Meeting of Shareholders on 2026-03-26, the company approved the financial statements and resolved to pay a cash dividend of KRW 500 per common share for the fiscal year 2025.

On March 26, 2026, the company announced a new corporate strategy to increase direct overseas exports and expand into the non-military sector to enhance corporate value. Low importance is estimated as the market impact of strategic shifts is typically gradual, scheduled.

On March 25, 2026, the company announced it won contracts worth approximately KRW 1.345 trillion for five vessels. This significant contract value is estimated to cause a high price impact (≥10%) due to its substantial contribution to the order backlog, expected.

Signed a KRW 28 billion contract to supply special alloy raw materials to a US-based global aerospace company.

LIG Nex1 signed an MOU with U.S. AI software firm Palantir Technologies on March 24, 2026, to co-develop solutions for integrated air defense networks and unmanned systems; medium impact expected from strategic AI partnership.

Signed a Memorandum of Understanding (MOU) with Spain's Indra Group to jointly pursue a major Spanish artillery contract based on Hanwha's K9 howitzer platform on March 24, 2026, scheduled. Medium importance is justified by the strategic entry into the Spanish defense market.

Ex-dividend date for the fiscal year 2025 cash dividend of KRW 6,800 per common share on March 24, 2026. This dividend was approved at the Annual General Meeting on March 20, 2026.

Announced the '2026 Corporate Value Enhancement Plan' on March 24, 2026, scheduled, reiterating a long-term strategy of 11 trillion KRW in strategic investments and a dividend policy. Low importance is justified as it reiterates existing long-term goals.

Announced a change to a sole CEO system under Kim Byeong-ok, following the expiration of co-CEO Koo Bon-kyu's term on March 24, 2026.

Ex-dividend date for the fiscal year 2025 dividend of 1,700 KRW per common share. The dividend was approved at the Annual General Meeting on March 20, 2026.

Announced a follow-up contract worth approximately 2.2 trillion KRW (USD ~1.7B) for the 'Cheonmu' multiple rocket launcher system in Poland on March 23, 2026, scheduled. High importance is justified by the contract value exceeding 20% of annual revenue, likely resulting in a significant price impact.