Hanwha Aerospace has won a contract worth around $1.9 billion to provide its K239 Chunmoo multiple rocket launcher systems to Norway. The official signing of the contract is scheduled for this week in Oslo between Hanwha Aerospace and the Norwegian Defence Materiel Agency (NDMA), as per industry sources. South Korea’s presidential chief of staff, Kang Hoon-sik, is anticipated to be present at the signing ceremony.
Kang, who is currently in Canada, is expected to attend the ceremony, which is seen as a move to support South Korea’s defense exports. Before leaving for Canada, Kang mentioned plans to visit Norway to discuss enhancing defense cooperation between the two nations. This agreement comes as Norway aims to enhance its long-range precision strike capabilities due to increased security concerns in Europe.
The deal with Norway includes an offset requirement, a standard practice under the country’s defense procurement regulations. For defense projects exceeding 50 million Norwegian kroner (approximately US$5.2 million), foreign suppliers must offer industrial cooperation equivalent to 100% of the contract value, often through technology transfers and partnerships with local firms. This contract represents another significant achievement for Hanwha Aerospace in the Nordic defense market, following its previous deal to supply K9 Vidar self-propelled howitzers to Norway in September.
