AerospaceAug 10, 2026

Poongsan Corporation

Company Profile Analysis

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Poongsan Corporation - Aerospace showcase

Year Founded & Workforce

1967-12-31

2,500 Employees

Industry

Aerospace

Services

Poongsan Corporation Overview

Company Headquarters: Republic of Korea

Founded: 1968

Workforce: 2,500+

Company Working:

Poongsan Corporation is a 1968-founded South Korean corporation. It predominantly produces copper and copper-based products but also a vast array of ammunition for military and civilian use. The company's headquarters are in Seoul, South Korea, with several international subsidiaries. Poongsan Corporation is regarded as one of the world's foremost ammunition manufacturers. Small caliber, medium caliber, and large caliber ammunition, as well as artillery shells, mortars, and missiles, are among its ammunition products. Additionally, the company offers ammunition components such as primers and propellants. The copper products division of Poongsan Corporation manufactures a wide variety of copper-based products, including copper rods, wires, and pipelines, as well as copper alloy products. Additionally, the company manufactures defense systems, precision machinery, and additional industrial goods. Overall, Poongsan Corporation has earned a solid reputation for its products' quality and capacity to provide innovative solutions to its defense and industrial consumers.

Strategy

Poongsan Corporation significantly emphasizes research and development to produce new and innovative products. The company's dedicated research and development team focuses on developing new products and enhancing existing ones.

Diversification: Poongsan Corporation has expanded its product portfolio to include copper products, advanced materials, and engineering services in addition to ammunition. This strategy helps the company mitigate the risks associated with fluctuations in ammunition demand.

The company is in more than 60 countries and continuously seeks to expand its global operations. The company has established collaborative ventures with local partners in various countries to capitalize on their market expertise. This strategy helps the business obtain a competitive advantage by catering to local needs and preferences.

Company Snapshot

$1,404M

Revenue

2,500

Employees

1967-12-31

Founded

Republic of Korea

Headquarters

SWOT Analysis

Strengths

Strong presence in the global market with a diverse range of products
Advanced technology and R&D capabilities for ammunition manufacturing.

Weaknesses

Dependence on a limited number of customers, including governments and defense agencies.
Vulnerability to fluctuating raw material prices, especially copper and lead.

Opportunities

Increasing demand for ammunition from emerging markets.
Growing focus on cybersecurity, providing opportunities to expand into related industries.
Rising demand for eco-friendly ammunition with reduced environmental impact.

Threats

Intense competition from established ammunition manufacturers and new entrants.
Stringent regulations and export control laws affecting international sales.

Key Developments

Date	Approach	Development
Jan-2023	–	Because of the Ukraine conflict, ammunition and artillery shell sales in Poongsan surged. Recent increases in copper prices are also anticipated to boost the defense company's earnings.

Product Offering

Poongsan Corporation
- Ammunition Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Poongsan Corporation as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Poongsan Corporation

Company Headquarters: Republic of Korea Founded: 1968 Workforce: 2,500+ Company Working: Poongsan Corporation is a 1968-founded South Korean corporation. It predominantly produces copper and copper-based products but also a vast array of ammunition for military and civilian use. The company's headquarters are in Seoul, South Korea, with several international subsidiaries. Poongsan Corporation is regarded as one of the world's foremost ammunition manufacturers. Small caliber, medium caliber, and large caliber ammunition, as well as artillery shells, mortars, and missiles, are among its ammunition products. Additionally, the company offers ammunition components such as primers and propellants. The copper products division of Poongsan Corporation manufactures a wide variety of copper-based products, including copper rods, wires, and pipelines, as well as copper alloy products. Additionally, the company manufactures defense systems, precision machinery, and additional industrial goods. Overall, Poongsan Corporation has earned a solid reputation for its products' quality and capacity to provide innovative solutions to its defense and industrial consumers.

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