Hanwha Aerospace Signs $4 Billion Rocket System Export Contract with Poland

Deep News2025-12-30

South Korean defense firm Hanwha Aerospace announced on Tuesday that it has signed a contract worth 5.6 trillion won (approximately $4 billion) with a Polish arms procurement agency to supply the "Chunmoo" multiple launch rocket system to Poland.

The company stated in a press release that the Polish Armament Agency and a consortium comprising Hanwha Aerospace and Hanwha-WB Advanced Systems Company (HWB) signed the third-phase agreement on Monday in Warsaw, which involves providing CGR-080 guided missiles with an 80-kilometer range.

Hanwha-WB is a joint venture between Hanwha Aerospace and WB Electronics, a subsidiary of Poland's largest defense enterprise, the WB Group.

According to the contract, the "Chunmoo" CGR-080 missiles will be manufactured at a dedicated factory in Poland operated by Hanwha-WB, with deliveries scheduled to commence in 2030.

These missiles will serve as the core ammunition for Poland's "Homar-K" system, which is a localized variant of the Polish "Chunmoo" multiple launch rocket system.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment