Hanwha Aerospace Signs $1.6 Billion Defense Contract with Poland for 72 Chunmoo Rocket Launchers
Hanwha Aerospace, a leading defense contractor, has solidified its commitment to bolstering security in Poland and the broader region through the signing of an additional executive contract with the Polish Armament Agency. The contract, valued at approximately USD 1.6 billion, encompasses the supply of 72 Chunmoo Multiple Rocket Launcher Systems (MRLS) along with associated long-range guided missiles and technology transfer.
The agreement, inked on April 25th at Hanwha Aerospace's production plant in Changwon, marks a significant milestone in the ongoing partnership between South Korea and Poland in the defense sector. Representatives from both governments were present at the signing ceremony, including high-ranking officials from the Polish Ministry of Defence and Hanwha Aerospace.
Jaeil Son, President and CEO of Hanwha Aerospace, emphasized the company's unwavering dedication to delivering effective deterrence solutions to regions facing pressing security challenges. The contract underscores Hanwha Aerospace's commitment to supporting Poland's defense capabilities amid evolving geopolitical dynamics.
A day prior to the contract signing, the Polish delegation visited the test site of the Agency for Defence Development (ADD) in Anheung, witnessing a successful test-firing of the CTM-290 ballistic missile, a key component of the Chunmoo MRLS system. The CTM-290 showcased its precision-guided striking capability, boasting a maximum range of 290km.
Under the HOMAR-K program, Polish defense companies will oversee the integration and assembly of the long-range rocket launcher system onto Polish Jelcz 8×8 chassis. This collaborative effort highlights the extensive involvement of the Polish defense industry in bolstering the country's defense capabilities.
Furthermore, Hanwha Aerospace's exclusive assembly line for the K9 Self-Propelled Howitzer in Changwon underscores the company's commitment to local manufacturing and technology transfer. The ongoing executive contracts for the K9PL variant demonstrate the mutual commitment to enhancing defense cooperation between South Korea and Poland.
In the coming years, Hanwha Aerospace aims to further integrate Polish subsystems into the K9 platform, paving the way for joint development initiatives catering to the specific needs of the Polish Armed Forces. This forward-looking approach reaffirms the long-term strategic partnership between Hanwha Aerospace and the Polish defense establishment, solidifying their position as key players in the global defense industry landscape.