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Hanwha Aerospace Wins EUR 411.8M Contract with Croatia

September 14, 2026

2 min read

Key Takeaways

Hanwha Aerospace signs contract with Croatia for Chunmoo MRLS.
Deal valued at EUR 411.8 million for 18 launchers and support vehicles.
Deliveries to continue through 2030.
Contract marks Hanwha's first defence deal with Croatia.

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Strategic Implications

This contract may indicate Hanwha Aerospace's growing presence in the European defence market, suggesting a shift in regional procurement priorities. The Chunmoo system's proven capabilities could strengthen Hanwha's competitive position against other defence contractors, potentially leading to further partnerships in the region.

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What Happened

Korean Defence Giant Expands European Footprint with Chunmoo MRLS

Hanwha Aerospace has signed a contract with the Ministry of Defence of the Republic of Croatia to deliver 18 K239 Chunmoo multiple rocket launcher systems, associated rocket ammunition, and support vehicles. The agreement, valued at EUR 411.8 million, marks Hanwha Aerospace’s first defence contract with Croatia and expands the Chunmoo system’s presence in Europe. The contract includes training and lifecycle support, with deliveries to continue through 2030. This development was reported by Unknown Source.

Source | Originally Published: September 14, 2026

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