Hanwha Aerospace inks $477 mil. deal to export 18 Chunmoo rocket launchers to Croatia
South Korean defense firm Hanwha Aerospace Co. on Thursday signed a deal to export 18 Chunmoo multiple launch rocket systems (MLRS) to Croatia in an arms contract worth some 640 billion won ($477 million), the state arms procurement agency said. The 410 million-euro contract marks the first major arms deal between the two countries, opening up avenues for greater partnership beyond arms exports,…
South Korean defense contractor Hanwha Aerospace Co. announced on Thursday a $477 million arms deal to sell 18 Chunmoo multiple launch rocket systems (MLRS) to Croatia, according to state arms procurement agency reports. This marks the first significant arms agreement between the two nations, potentially paving the way for future collaborations in areas such as industrial cooperation and military logistics support.
Croatia is now the fourth European nation to acquire the Chunmoo system, following the purchases by Poland, Estonia, and Norway. The Chunmoo rocket launchers are a key South Korean artillery system primarily intended to defend against North Korea's long-range artillery and multiple rocket launchers. Each launcher boasts an operational range of up to 80 kilometers, enabling both precise targeted strikes and cluster attacks to neutralize enemy targets across a broad area.
The signing ceremony was attended by South Korean Defense Minister Ahn Gyu-back and Croatian Prime Minister Andrej Plenkovic.
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