Hanwha Aerospace Wins $922M Deal to Supply ‘Chunmoo’ to Norway – February 2, 2026
On February 2, 2026, Hanwha Aerospace announced a $922 million (approximately 1.3 trillion Korean Won) contract with the Norwegian Defence Materiel Agency (NDMA). The agreement, finalized on January 30th local time in Norway, covers the supply of 16 Chunmoo multiple launch rocket systems, guided missiles, and comprehensive logistical support.
A New Era for Korean defence Exports
The Chunmoo is a wheeled multiple launch rocket system independently developed by South Korea. It was initially created to counter North Korean artillery threats and replace aging rocket systems. The NDMA began seeking a next-generation multiple launch rocket system in 2024 to replace its long-range artillery.
Competitive Bidding
Hanwha Aerospace faced competition from Lockheed Martin with its HIMARS system and KNDS with its EuroPuls. The Norwegian government had initially considered purchasing the HIMARS system, recognized for its combat capabilities.
The Power of Collaboration
According to Hanwha Aerospace, a “civil-military team sales” approach was crucial to securing the contract. Kang Hoon-sik, Presidential Secretary for Strategic Economic Cooperation, met with the Norwegian government in October of last year, and Minister of National Defence Ahn Gyu-baek continued high-level communication. These efforts highlighted the Chunmoo’s capabilities and potential for defence cooperation between South Korea and Norway.
Future Implications
Hanwha Aerospace intends to establish the Chunmoo as a globally popular weapons system. The company also plans to create a Chunmoo operation ecosystem to facilitate the sharing of parts and operational expertise among importing nations.
Hanwha Aerospace CEO Son Jae-il stated that the company’s successful support of K9 self-propelled artillery exports to Norway, combined with proactive defence diplomacy from the government, contributed to the contract. He affirmed a commitment to contributing to South Korean security and expanding global defence cooperation through a “team” approach with the government.
Frequently Asked Questions
What is the Chunmoo system?
The Chunmoo is a wheeled multiple launch rocket system independently developed by South Korea to counter North Korean artillery threats and replace aging rocket systems.
What is the total value of the contract with Norway?
The contract with the Norwegian Defence Materiel Agency (NDMA) is valued at $922 million (approximately 1.3 trillion Korean Won).
Who competed with Hanwha Aerospace for this contract?
Hanwha Aerospace competed with Lockheed Martin, offering the HIMARS system, and KNDS, offering the EuroPuls.
As Hanwha Aerospace looks to expand the Chunmoo’s global reach, what role will international partnerships play in shaping the future of this advanced weapons system?