[4] Established in 1977 as Samsung Precision Industry, the company produced its first missile propulsion system in its first year of operation.

In 1979, it began production of gas turbine engines for aircraft and started a joint venture with Minolta, Japan to produce cameras.

In 1988, the company began its aviation transportation business and exported Samsung cameras to the United States for the first time.

In 1991, it acquired an automated warehouse business from Samsung Electronics, and in 1993, it established the Gyeongnam Sacheon Plant to produce Lockheed Martin F-16 Fighter Jets under license in Korea.

However, after the foreign exchange crisis in 1997, the company spun off its automation business to SFA in 1998, and transferred its aircraft business assets and rights, including the KF-16, to the “Korea Aerospace Industries, LTD. (KAI),” by means of the integration of domestic aircraft manufacturers led by the government in 1999.

In 2000, it mass-produced the world's first ultra-thin coated semiconductor components, and in 2002, it established sales subsidiaries in Germany and the U.K.

The Defense segment manufactures and sells self-propelled artillery, ammunition carriers, and provides comprehensive ground weapon system support.

In April 2023, the company acquired and merged with Hanwha Defense (formerly Hanwha Corporation’s Defense Division), leveraging advanced explosive technologies to expand into guided weapon systems, ammunition, laser technologies, and navigation systems.