SEOUL, KOREA – October 21, 2025 - Hanwha Aerospace and GE Aerospace signed a Memorandum of Understanding (MoU) to cooperate on the joint development of marine gas turbine packages, strengthening industrial collaboration between Korea and the United States in the naval propulsion sector.
The MOU was signed on October 20 at the Seoul International Aerospace and Defense Exhibition (ADEX) in the presence of key officials, including Sun Kim, Head of the Aviation Business Division, Hanwha Aerospace, and Rita Flaherty, Vice President of Sales and Business Development for GE Aerospace Defense & Systems.
From L to R: Sun Kim, Head of the Aviation Business Division, Hanwha Aerospace and Rita Flaherty, Vice President of Sales and Business Development, Defense & System, GE Aerospace
The MOU builds on decades of trusted partnership between the two companies and outlines a plan to jointly develop LM2500 and LM500 gas turbine packages in Korea. Under the partnership, GE Aerospace will supply the core gas turbine engines and provide technical support, while Hanwha Aerospace will take the lead in developing and producing key package components--including base design, air intake and exhaust systems, and integrated assemblies. The initiative will open up new opportunities on Korean, U.S., and allied naval programs and strengthening the global maritime defense supply chain.
GE Aerospace and Hanwha Aerospace sign MoU to jointly develop vaval gas turbine packages
“This partnership will strengthen the resilience and competitiveness of naval propulsion supply chain in both countries,” said Sun Kim, Head of the Aviation Business Division, Hanwha Aerospace. “Hanwha is committed to advancing Korea’s role as a key partner in next-generation shipbuilding and defense innovation.”
Rita Flaherty, Vice President of Sales and Business Development for GE Aerospace Defense & Systems said, “GE Aerospace is proud to be a long-standing partner to Korea, supporting the advancement of K-Defense. This collaboration marks an important milestone in further expanding our cooperation with partners like Hanwha Aerospace and reinforcing our continued commitment to Korea.”
About GE Aerospace
GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 49,000 commercial and 29,000 military aircraft engines. With a global team of approximately 53,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow, and the future at www.geaerospace.com.