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Norway Selects Hanwha Aerospace's Chunmoo Rocket System

January 29, 2026

2 min read

Key Takeaways

Norway selects Hanwha Aerospace's Chunmoo rocket system.
Deal worth 19 billion Norwegian kroner (around $2 billion).
Includes 16 launch systems and multiple missiles.
Deliveries scheduled for 2028-2031.

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Strategic Implications

This selection may signal a shift in Nordic defense acquisitions towards non-traditional suppliers. Hanwha's win suggests that cost, delivery speed, and system integration are becoming increasingly important factors in defense procurement decisions, which could benefit other non-Western defense firms.

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What Happened

South Korean Defense Firm Wins Major Nordic Contract

Norway has selected Hanwha Aerospace’s Chunmoo multiple launch rocket system for its ground-based long-range precision fires system, marking a significant victory for South Korean defense exports. The 19 billion Norwegian kroner deal includes 16 launch systems and an unspecified number of missiles. The selection was made after an evaluation that determined the Chunmoo fully met all requirements for performance, delivery speed, cost, and full system integration. The systems will introduce a critical new long-strike capability amid rising security concerns from Russia in the High North and NATO’s northern flank. This development was first reported by Breaking Defense.

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Companies Mentioned