Hanwha Defense Signs Contract with Poland to Supply 288 Multiple Rocket Launchers | Be Korea-savvy

Hanwha Defense Signs Contract with Poland to Supply 288 Multiple Rocket Launchers


This file photo, taken on Sept. 27, 2019, shows Chunmoo multiple rocket launchers at an air base in Daegu, about 300 kilometers south of Seoul. (Yonhap)

This file photo, taken on Sept. 27, 2019, shows Chunmoo multiple rocket launchers at an air base in Daegu, about 300 kilometers south of Seoul. (Yonhap)

SEOUL, Oct. 19 (Korea Bizwire)Hanwha Defense of South Korea signed a basic contract with Poland in Warsaw on Wednesday to supply 288 Chunmoo multiple rocket launchers, Seoul officials said.

The company and Warsaw’s Armament Agency inked the “framework” deal to supply the K239 Chunmoo systems, starting next year. The contract is known to be worth around US$6 billion.

The two sides plan to sign the “executive” contract within this year to set details of the export deal, according to the officials.

The move comes after deals between South Korean firms and the Polish government earlier this year for the supply of K2 battle tanks, K9 self-propelled howitzers and FA-50 fighter jets, as the European country has emerged as South Korea’s key arms export market.

Poland has been intensifying its arms procurement efforts after it sent military aid to Ukraine in the wake of Russia’s invasion of the country.

With a maximum range of 80 kilometers, the Chunmoo system has served as a key counter-artillery asset for South Korea to counter threats from North Korea’s long-range artillery. Chunmoo means “covering the sky” in Korean.

(Yonhap)

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