Hanwha Aerospace Signs MOU with Indra Group for Latin American Defence Cooperation

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From left, María Dolores Carrillo Aguilera, Head of Ground Systems Business Development at Indra Group; Kim Dong-hyun, Head of the LS Business Division at Hanwha Aerospace; and Domingo Castro Fernández, Head of Indra Group’s Defense Business in South America, pose for a commemorative photo while holding the signed agreement at the MOU signing ceremony during FIDAE 2026, held in Chile on April 8.[Photo: Hanwha]From left, María Dolores Carrillo Aguilera, Head of Ground Systems Business Development at Indra Group; Kim Dong-hyun, Head of the LS Business Division at Hanwha Aerospace; and Domingo Castro Fernández, Head of Indra Group’s Defense Business in South America, pose for a commemorative photo while holding the signed agreement at the MOU signing ceremony during FIDAE 2026, held in Chile on April 8.[Photo: Hanwha]
Apr 9, 2026 – Hanwha Aerospace has signed a memorandum of understanding (MOU) with Spanish defence company Indra Group to jointly offer armoured vehicle solutions for the Chilean Army and cooperate across Latin America.

The signing ceremony took place at the FIDAE 2026 International Air and Space Fair in Santiago, Chile. Dong Hyeon Kim, Head of Hanwha Aerospace’s Land Systems Business Group, Domingo Castro Fernández, Indra’s Director of Defence and Security for America, and María Dolores Carrillo Aguilera, Indra’s Business Development Director of Land Systems and The Republic of Korea’s Ambassador to Chile, Hak-jae Kim attended the ceremony.

Under the agreement, the two companies will jointly propose a combined solution for Chile’s next-generation armoured vehicle program. Hanwha Aerospace will supply its Tigon armoured vehicle platforms, while Indra will provide Mission System Equipment (connectivity, situational awareness and C2 among others) and serve as the regional coordination lead. Starting with Chile, the two companies aim to expand their cooperation across ground defence programs in the wider Latin American region.

The collaboration marks a step beyond conventional equipment supply, with the two companies offering a turnkey package that integrates Hanwha Aerospace’s proven Tigon platforms with Indra’s mission system technologies.

Dong Hyeon Kim, Head of Land Systems Business Group at Hanwha Aerospace, said, “Indra has defence electronics capabilities and a track record in Latin America that complement our vehicle platforms. Through this MOU, the two companies will be able to offer a more complete package to armed forces in the region.”

Indra Group spokesperson said, “This partnership creates an optimum framework for combining the core technologies and areas of excellence of both companies into a competitive, state-of-the-art product, capable of meeting high demand in the region.”

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Classification
Region
Latin America
Analytical Domain
Strategic
Primary Category / Secondary Categories
Political-Military / Weapons & Equipment
SALUTE Report
Size
Not specified
Activity
Signing of a memorandum of understanding (MOU) for defense cooperation and armoured vehicle solutions
Location
Santiago · Chile
Unit
Hanwha Aerospace and Indra Group
Time
April 8, 2026
Equipment
Tigon armoured vehicle platformsMission System Equipment
Summary

Hanwha Aerospace signed a memorandum of understanding with Indra Group in Santiago, Chile, on April 8, 2026, to jointly offer armoured vehicle solutions for the Chilean Army. The agreement includes Hanwha supplying Tigon armoured vehicle platforms and Indra providing Mission System Equipment. This partnership aims to enhance defense capabilities in Latin America, starting with Chile.

Key Facts
  • Hanwha Aerospace signed an MOU with Indra Group on April 8, 2026.
  • The agreement focuses on armoured vehicle solutions for the Chilean Army.
  • The signing took place at FIDAE 2026 in Santiago, Chile.
  • Hanwha will supply Tigon armoured vehicle platforms, while Indra will provide Mission System Equipment.
  • The collaboration aims to expand defense cooperation across Latin America.

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