What artillery systems is Norway acquiring from Hanwha Aerospace?

Norway is acquiring 16 Chunmoo launch systems and an undisclosed number of rockets from Hanwha Aerospace.

What is the total cost of Norway's defense procurement from Hanwha?

While Norway's total budget for the project is $2 billion, Hanwha's contract for the launch systems and rockets amounts to approximately $922 million.

Why was Hanwha's Chunmoo system chosen for Norway's defense?

The Chunmoo system was chosen due to Hanwha's ability to deliver both launchers and rockets in a much shorter timeframe than competitors and with greater flexibility for Norway's arctic conditions.

Home / Business and Economy / Norway Signs $922M Deal for Hanwha Rockets

Norway Signs $922M Deal for Hanwha Rockets

2 Feb

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Summary

Hanwha Aerospace secured a $922 million contract for Norwegian artillery systems.
Norway is acquiring 16 Chunmoo launch systems and unspecified rockets.
Hanwha's fast delivery capability offers a competitive edge for Norway's needs.

Norway Signs $922M Deal for Hanwha Rockets

South Korean defense company Hanwha Aerospace has finalized a contract valued at approximately $922 million to supply Norway with advanced long-range artillery systems and rockets. This agreement is part of a larger Norwegian defense procurement totaling $2 billion for 16 Chunmoo launch systems and an undisclosed quantity of rockets.

Analysts note that despite political pressures for European arms purchases, Hanwha's Chunmoo system offers a critical advantage: significantly faster delivery times and greater flexibility to meet specific operational requirements, including those for Norway's challenging arctic climate.

The contract includes the provision of launchers and rockets, with the remaining funds allocated for establishing local support infrastructure such as maintenance facilities and training programs. This strategic move aims to ensure long-term operational readiness and support for the new artillery systems within Norway.