Hanwha Aerospace to jointly produce guided missiles in Poland
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Hanwha Aerospace has signed a joint venture with Poland defence company WB Group to manufacture CGR80 guided missiles for the K239 Chunmoo, known locally as the Homar-K, multiple rocket launch system.
Hanwha Aerospace will have a 51% majority stake in the new venture, while WB Electronics, a WB Group subsidiary, will have the remaining 49%.
The joint venture will produce 80km-range missiles, which are intended for use in the Homar-K. The agreement also enables the transfer of technology and skills to the Polish defence industry.
According to the Polish Ministry of Defence, the first missiles will leave the
Hanwha Aerospace will have a 51% majority stake in the new venture, while WB Electronics, a WB Group subsidiary, will have the remaining 49%.
The joint venture will produce 80km-range missiles, which are intended for use in the Homar-K. The agreement also enables the transfer of technology and skills to the Polish defence industry.
According to the Polish Ministry of Defence, the first missiles will leave the
