Seoul, Jan 28 (IANS) Hanwha Aerospace has secured an estimated $1.9 billion project to supply its K239 Chunmoo multiple rocket launcher systems to Norway, with the official contract expected to be signed this week, informed industry sources said on Wednesday.The contract is widely expected to be signed Friday in Oslo by Hanwha Aerospace and the Norwegian Defence Materiel Agency (NDMA), the sources with direct knowledge of the matter told Yonhap News Agency while speaking on condition of anonymit…
Latest Hanwha Aerospace News & Updates
Seoul, Dec 29 (IANS) Hanwha Aerospace has won a $71.5 million (103.3 billion-won) contract to develop the propulsion system for South Korea’s first-ever lunar lander planned for launch in 2032, the company said on Monday.Under the contract with the state-run Korea Aerospace Research Institute, Hanwha Aerospace will be responsible for producing, assembling, and testing key propulsion components, including the engine and attitude control thrusters, through 2032, Yonhap news agency reported.The Sou…