Hanwha Aerospace Finalizes $2 B Norwegian Chunmoo Rocket Deal, Expands Nordic Defense Footprint
Updated (15 articles)
Contract Awarded on Jan 30, 2026 for $2 B Multi‑Rocket System Norway’s Defence Materiel Agency signed a contract with Hanwha Aerospace to deliver 16 Chunmoo multiple‑rocket‑launcher (MRL) units, precision‑guided missiles and integrated logistics support, valued at roughly US $2 billion [1][2][3]. The signing ceremony took place in Oslo on Jan 30, 2026 and was attended by senior officials from both governments [1]. CEO Son Jae‑il highlighted the deal as a cornerstone for long‑term security cooperation in the Nordic region [1].
Chunmoo System Provides Up to 500‑km Precision Strike Capability The contract specifies sixteen launchers capable of firing rockets at multiple ranges, with the longest‑range option reaching 500 km [2][3]. Missiles will be produced in Poland, while launch vehicles and training equipment are scheduled for delivery between 2028 and 2029, and missile shipments between 2030 and 2031 [2]. A live‑fire drill in Goseong, South Korea, demonstrated the system’s night‑time performance on 16‑18 April 2025 [3].
Industrial Cooperation Exceeds Contract Value and Includes Local Testing Hanwha proposed an industrial cooperation programme equal to 120 % of the contract amount, involving Norwegian firms in production and support activities [2]. The company also plans joint development projects and on‑site testing in Norway to deepen its Nordic footprint [1]. Norway’s procurement rules require a 100 % offset for contracts over 50 million kroner, which the deal satisfies [5][6].
Strategic Impact Builds on Prior K9 Vidar Deliveries Norway has purchased 52 K9 Vidar howitzers and 14 K10 ammunition‑resupply vehicles since 2017, establishing a trusted partnership that paved the way for the Chunmoo award [1]. The new system enhances Norway’s long‑range precision‑strike capability amid heightened European security concerns [5][6]. Son Jae‑il emphasized that the contract reflects confidence earned from earlier successful deliveries [1].
Reported Figures and Purpose Vary Across Sources While most reports list the contract value at US $1.9 billion (≈19 billion NOK), the Feb 2 article cites a rounded $2 billion figure [1][2][3][5][6][7]. Additionally, one source describes the sixteen launch units as supporting Norway’s “space program” rather than its army, a claim not echoed by other outlets [4][1][2][3][5][6][7].
Sources
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1.
Yonhap: Hanwha Aerospace Secures $2 B Norway Rocket Deal, Eyes Wider Nordic Role – Details the $2 billion contract, CEO Son Jae‑il’s Nordic security vision, and plans for joint development and local testing .
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2.
Yonhap: Hanwha Aerospace Secures $1.9 bn Norwegian Rocket Launcher Contract – Announces the 19 billion NOK deal, 16 launch units, 500 km range, delivery schedule 2028‑2031, and 120 % industrial cooperation .
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3.
Yonhap: Hanwha Aerospace Secures $1.9 B Norway Rocket Contract – Confirms the 19 billion NOK value, 16 Chunmoo units, missile range, and includes a photo of a 2025 live‑fire drill .
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4.
Yonhap: Hanwha Aerospace Secures $1.9 bn Norway Rocket Contract – Briefly reports the $1.9 billion award and mentions the launch units will support Norway’s “space program,” without technical details .
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5.
Yonhap: Hanwha Aerospace Secures $1.9 B Norway Rocket Deal, Contract Set for Friday Signing – Highlights Kang Hoon‑sik’s attendance, mandatory 100 % offset, and links the deal to prior K9 Vidar sales .
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6.
Yonhap: Hanwha Aerospace Secures $1.9 B Norway Rocket Deal, Signing Set for Friday – Reiterates the $1.9 billion figure, Kang Hoon‑sik’s participation, offset requirements, and the focus on the K239 Chunmoo system .
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7.
Yonhap: Hanwha Aerospace Secures Norway Rocket Contract, Signing Set for Friday – Provides a minimal announcement of the award and upcoming signing, without system specifics .
Timeline
2017 – Norway begins a defence partnership with Hanwha, purchasing 52 K9 Vidar self‑propelled howitzers and 14 K10 ammunition‑resupply vehicles, establishing a foundation for later rocket contracts [2].
2022 – South Korea and Egypt sign a 2 trillion‑won (US$1.4 billion) K9 howitzer deal, with first deliveries slated for Q1 2026, marking Hanwha’s entry into the Middle Eastern market [14].
2023 – Hyundai Rotem loses a tank bid to Germany’s KMW, prompting Norwegian opposition parties later to call for a European solution in future procurement debates [1].
Nov 2024 – Norway launches an international competition for a long‑range rocket system, attracting bids from Europe and the United States; Hanwha later emerges as the only bidder meeting all performance, schedule and cost criteria [3].
16 Apr 2025 – Hanwha’s Chunmoo system conducts a two‑day nighttime live‑fire drill off Goseong, South Korea, demonstrating its capability to fire toward the sea under night conditions [4][6].
19 Sep 2025 – Norway signs a third contract for 24 additional K9 Vidar howitzers, underscoring confidence in Hanwha’s performance and expanding its Nordic footprint [1].
21 Dec 2025 – Estonia signs a €300 million government‑to‑government deal for six Chunmoo launchers and three missile types, the country’s second European export after Poland and part of a €10 billion defence investment plan through 2029 [13].
29 Dec 2025 – Poland’s Armament Agency and the Hanwha‑WB consortium sign the third‑stage 5.6 trillion‑won (US$4 billion) Chunmoo export agreement, establishing local production of CGR‑080 missiles in Poland with deliveries starting in 2030 [9][10][11][12].
1–4 Dec 2025 – Hanwha showcases its K9 howitzer, Chunmoo MRLS and other systems at the Egypt Defence Expo, while senior officials discuss expanding cooperation ahead of the Q1 2026 K9 deliveries to Egypt [15].
5 Dec 2025 – On the sidelines of the Egypt Defence Expo, South Korean and Egyptian officials meet to explore phased local production of the K9 howitzer, reinforcing bilateral defence ties [14].
22 Jan 2026 – Norway’s parliament schedules a plenary vote on the rocket procurement bill for Tuesday, Jan 23; NDMA adviser Endre Lunde says “the interval from approval to signature is usually measured in days, not weeks” and anticipates an early‑February signing window [1].
27 Jan 2026 – Yonhap reports that Hanwha Aerospace has been awarded a Norwegian rocket contract and that a signing ceremony is slated for the upcoming Friday (Jan 29) [8].
28 Jan 2026 – Additional sources confirm the Friday signing in Oslo, noting that South Korean presidential chief of staff Kang Hoon‑sik will attend and that the deal includes a 100 % industrial‑offset clause [7].
29 Jan 2026 – Norway’s Ministry of Defence announces that Hanwha Aerospace wins a 19 billion‑kroner (US$1.9 billion) contract for 16 Chunmoo launch units, missiles with up to 500 km range, training equipment and logistics support; deliveries are slated for 2028‑2031 with missile production in Poland [3][4][5].
30 Jan 2026 – A formal signing ceremony takes place in Oslo, cementing the $2 billion (≈19 bn NOK) rocket contract; CEO Son Jae‑il declares the firm will “contribute to the long‑term security of the Nordic region” and highlights the trust earned from prior K9 deliveries [2].
Early Feb 2026 – Following parliamentary approval, the Norwegian Ministry of Defence issues the tasking to the Armed Forces Staff, enabling the contract to be formalised within days as anticipated by the NDMA adviser [1].
2 Feb 2026 – Hanwha Aerospace officially secures the $2 billion Norwegian rocket deal, outlines plans for joint development, local testing and a 120 % industrial‑cooperation programme, and reiterates its goal to become a long‑term Nordic security partner [2].
2028‑2029 (planned) – Hanwha schedules delivery of Chunmoo launch systems to Norway, aligning with Norway’s broader modernisation programme [3].
2030‑2031 (planned) – Missile shipments for the Norwegian contract are set to be built in Poland, reflecting the industrial cooperation component valued at 120 % of the contract amount [3].
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