South Korea’s Hanwha wins $922 million rocket system deal with Norway

South Korean defence firm Hanwha Aerospace has secured a $922 million contract to supply its Chunmoo Multiple Rocket Launcher System (MRLS) to Norway, marking the company’s first major export deal of 2026.

Under the agreement with the Norwegian Defence Material Agency (NDMA), Hanwha will deliver 16 Chunmoo launch vehicles, a suite of precision-guided missiles, and integrated logistics support, Caliber.Az reports via foreign media.

The contract forms part of Norway’s broader long-range fires acquisition programme, which carries a budget of roughly $2 billion.

Norwegian authorities said the procurement aims to enhance the country’s long-range precision strike capability and strengthen deterrence in the Nordic region.

The Chunmoo system was selected following nearly a decade of collaboration between Hanwha and the Norwegian Armed Forces, including a 2017 contract delivering 52 K9 VIDAR self-propelled howitzers and 14 K10 ammunition resupply vehicles.

For service in Norway, Chunmoo has been adapted for Arctic conditions, including extreme cold and snow-covered terrain, and is designed to integrate with the nation’s existing command, control, and fire-control infrastructure.

The deal expands Chunmoo’s international user base, which already includes South Korea, Poland, Estonia, and several operators in the Middle East, a footprint that analysts say could boost interoperability and reduce costs in training and logistics over time.

The contract was signed in Oslo on January 30 by Hanwha Aerospace President and CEO Jae-il Son and NDMA Director General Gro Jære, in the presence of senior defence and government officials from both countries.

Hanwha said it also plans to explore cooperation with the Norwegian industry, including local testing and other industrial collaboration linked to the programme.

By Aghakazim Guliyev