Norway Selects South Korea's Hanwha Defense for $1.6 Billion Chunmoo Artillery System Deal
Norway has selected South Korea's Hanwha Defense for a $1.6 billion deal to supply 16 Chunmoo artillery launch systems and associated missiles, enhancing its long-range attack capabilities. This decision, driven by the need to address modern warfare threats, includes commitments for industrial cooperation with Norwegian firms. Deliveries are scheduled for 2028-2031, aligning with personnel training timelines.
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Norway has chosen South Korea's Hanwha Defense to supply advanced artillery systems worth 19 billion Norwegian kroner (approximately 1.6 billion euros). The deal involves the purchase of 16 launch systems and a significant number of missiles, some with a range of up to 500 kilometers, surpassing competitors.
This decision reflects Norway's recognition of the importance of long-range attacks in modern warfare, particularly in light of threats such as drone and missile attacks. Norway's Minister of Defense, Tore O.
Sandvik, noted that Hanwha met all performance, delivery, and cost requirements, making it the ideal choice. The launch systems are expected to be delivered in 2028 and 2029, with missiles anticipated in 2030 and 2031, allowing for timely personnel training.
Hanwha has also committed to industrial cooperation with Norwegian companies, amounting to 120 percent of the contract value. Poland has also adopted the Chunmoo system, ensuring a reliable supply chain for European users.
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