Hanwha Aerospace
Hanwha Aerospace wins Norway long-range rocket deal; signing expected Friday
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Hanwha Aerospace has secured an estimated $1.9 billion project to supply long-range rockets to Norway, with the official contract expected to be signed this Friday in Oslo. South Korea's presidential chief of staff, Kang Hoon-sik, is set to attend the ceremony, as Norway aims to enhance its long-range precision strike capabilities amid rising European security concerns.
Hanwha Aerospace Co. said Thursday it has joined the Estonian Defence and Aerospace Industry Association (EDIA) as the first South Korean member. The company aims to deepen ties with Estonian firms through joint R&D and supply chain cooperation. It builds on supplies of K9 howitzers in 2020 and Chunmoo systems in late 2025.
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South Korean defense firm Hanwha Aerospace has signed a 5.6 trillion won contract with Poland to supply Chunmoo multiple launch rocket systems. The deal, inked in Warsaw on Monday, includes 80-kilometer-range guided missiles known as CGR-080. It builds on prior agreements from 2022 and 2024 as the third phase.