Hanwha Aerospace
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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.
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.