SEOUL, January 29 (AJP) - Hanwha Aerospace is emerging as a key contender to supply multiple rocket launchers to Norway, as the Nordic country moves ahead with a roughly $2 billion long-range artillery procurement.
Norway’s parliament has given final approval to a plan to acquire a long-range artillery system, local media reported on Wednesday. The proposed deal is estimated to include 16 Chunmoo multiple rocket launchers along with related equipment.
Industry officials said Norway is likely to favor Hanwha Aerospace as the development of new multiple rocket systems in Europe could take years, while Hanwha is seen as capable of delivering the systems more quickly.
Hanwha recently established a local production facility in Poland for Chunmoo guided missiles and plans to begin deliveries as early as 2030. The Chunmoo system can be equipped with missiles with a range of up to 500 kilometers and is regarded as faster to deploy than competing systems.
A win in Norway would mark Hanwha’s further expansion in Europe, following its entry into the Polish market late last year.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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