Hanwha Defense to Invest $1.3 Billion in U.S. Army Munitions Plant in Arkansas
Hanwha Defense is set to invest $1.3 billion in a new manufacturing plant at Pine Bluff Arsenal, Arkansas, aimed at enhancing 155mm howitzer performance and producing critical energetics. Selected by the U.S. Army for an 'enhanced use lease,' the facility will manufacture triple-based propellants for various munitions, including those supplied to Ukraine, as part of the Pentagon's strategy to optimize land use on military bases.
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Hanwha Defense plans to invest $1.3 billion in a manufacturing plant at Pine Bluff Arsenal, Arkansas, to enhance 155mm howitzer performance and produce critical energetics. The U.S. Army selected Hanwha over other bidders for an 'enhanced use lease.'
The facility will produce triple-based propellants for various munitions, including those provided to Ukraine. This initiative is part of the Pentagon's strategy to optimize land use on military bases, exploring other leasing opportunities for mineral processing and data centers.
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