Changwon, South Korea – April 25, 2024 – Hanwha Aerospace, a leading South Korean defense company, has further solidified its partnership with Poland by signing a second executive contract worth $1.6 billion. This agreement marks a significant step towards strengthening Poland’s national security and highlights Hanwha’s growing role in the global defense market.
The contract entails the supply of 72 advanced Chunmoo Multi-Rocket Launchers (MRLS) – known as Homar-K in Poland – equipped with the long-range CTM-290 guided missiles. Additionally, the deal includes a technology transfer agreement for the launch modules of the MRLS. This technology transfer signifies Hanwha’s commitment to a long-term partnership with Poland, fostering domestic production and knowledge sharing.
“This agreement underscores Hanwha Aerospace‘s dedication to supporting Poland’s defense modernization efforts,” said a Hanwha Aerospace spokesperson. “We are committed to integrating our cutting-edge Chunmoo MRLS technology into the fabric of Poland’s defense infrastructure, bolstering regional security.”
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Polish officials at the Chunmoo MRL signing ceremony.
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Chunmoo MRLS
Developed by Hanwha Aerospace, the Chunmoo is a next-generation MRLS known for its precision strike capabilities, high mobility, and rapid deployment. The system features a modular design that allows for integration with various ammunition types, making it adaptable to diverse battlefield scenarios. The CTM-290 guided missile, included in this contract, boasts an extended range of 290 kilometers, significantly enhancing Poland’s long-range strike potential.
Hanwha Aerospace: A Defense Leader
Hanwha Aerospace is a prominent player in the global defense industry, offering a comprehensive portfolio of advanced weaponry and defense solutions. The company is committed to fostering strategic partnerships and collaborating with allied nations to ensure regional stability. This latest contract with Poland exemplifies Hanwha’s dedication to technology transfer and full-scale localization of production, promoting a robust and self-sufficient Polish defense sector.
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Chunmoo MRL signing ceremony.
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The Signing Ceremony
The official signing ceremony took place at Hanwha Aerospace’s production plant in Changwon, South Korea. Representatives from both governments were present, including high-ranking officials from the Polish Ministry of National Defence, the Polish Armament Agency, and the Polish Ministry of State Property. This ceremony signifies the mutual commitment of South Korea and Poland to a strong and enduring partnership.
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