Hanwha Aerospace signs $4 bil. Chunmoo missile contract with Poland

Hanwha Aerospace has signed an execution contract worth about 5.6 trillion won ($4 billion) to supply Chunmoo guided missiles to Poland, according to the company and government officials. The contract was signed on Monday (local time) at the Polish Army Museum in Warsaw with the Polish Armament Agency. It covers the supply of CGR-080 guided missiles with a maximum range of 80 kilometers and will be carried out through Hanwha-WB Advanced System, a joint venture established by Hanwha Aerospace and Poland’s WB Group. The missiles will be produced at a dedicated facility in Poland, with deliveries scheduled to begin in 2030. This is the third execution contract Poland has signed for the Chunmoo multiple rocket launcher system. Hanwha Aerospace concluded a framework agreement with Poland in 2022 and later that year signed its first execution contract, valued at about 5 trillion won. A second execution contract worth roughly 2 trillion won followed in April 2024. With the latest agreement, the total value of Chunmoo-related contracts with Poland has reached about 12.6 trillion won. Speaking