Hanwha Systems Co., the defense industry unit of Hanwha Group, said Tuesday it has won an order worth 49 billion won (US$41 million) to install a combat management system on four Navy vessels.

Under the deal with Hanjin Heavy Industries & Construction Co., a midsized shipyard in South Korea, Hanwha Systems will provide a combat management system for four 200-ton high-speed fast attack craft.

In October, Hanjin Heavy Industries secured a deal to build the four vessels from the Defense Acquisition Program Administration, South Korea's arms procurement agency. (Yonhap)

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