Hanwha Systems Co. will supply its indigenous combat management system (CMS) to the Philippine Navy in a deal valued at US$33 million.
The CMS will be installed in two 3,100-ton patrol combat corvettes, according to Hanwha Systems, the defense and ICT unit of South Korean conglomerate Hanwha Group.
The CMS, known as the vessel's "brain," is designed to integrate all equipment, such as diverse sensors, weaponry, and communications systems, into a unified system to assist combatants in countering threats more effectively.
In 2017 and 2019, Hanwha Systems inked similar export agreements with the Philippine Navy to deliver CMS for use in five frigates.


Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape
Washington Post Publisher Will Lewis Steps Down After Layoffs
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 



