Hanwha Aerospace eyes broader Nordic security partnership following Norway rocket deal

▲ Senior South Korean and Norwegian government officials and executives of the South Korean defense company pose for a photo at a K239 Chunmoo supply deal signing ceremony in Oslo on Jan. 30, 2026, in this photo provided by Hanwha Aerospace Co. (PHOTO NOT FOR SALE) (Yonhap)

▲ This photo, provided by Hanwha Aerospace Co., shows the South Korean arms maker's Chunmoo multiple launch rocket system. (PHOTO NOT FOR SALE) (Yonhap)

Hanwha Aerospace-Nordic partnership

Hanwha Aerospace eyes broader Nordic security partnership following Norway rocket deal

SEOUL Feb. 2 (Yonhap) -- Hanwha Aerospace Co., a South Korean defense giant, said Monday it aims to expand its role as a long-term security partner in the Nordic region, following its winning of a major rocket system supply contract from Norway last week.

Son Jae-il, president and chief executive officer (CEO) of Hanwha Aerospace, has noted that Norway's selection of the company's Chunmoo multiple rocket launcher system (MRLS) reflects confidence established through earlier deliveries of Hanwha's K9 self-propelled howitzers, the company said in a press release.

"We remain committed to contributing to the long-term security of the Nordic region through close cooperation with Norway and further developing our role as a strategic security partner," Son was quoted as saying.

Under the contract signed with the Norwegian Defence Materiel Agency (NDMA) on Friday, Hanwha Aerospace will supply 16 Chunmoo MLRS units, a package of precision-guided missiles and integrated logistics support to the Norwegian Armed Forces. The deal is valued at roughly US$2 billion.

Oslo's decision follows nearly a decade of cooperation between Hanwha Aerospace and the Norwegian military, which has procured 52 K9 Vidar self-propelled howitzers and 14 K10 ammunition resupply vehicles since 2017.

The company said it also plans to strengthen cooperation with the Norwegian industry through joint development and local testing, as it seeks to expand its presence across the Nordic defense market.

(END)

(C) Yonhap News Agency. All Rights Reserved