The company unveiled its localization roadmap at the “Hanwha Tech Academy 2026” event in central Seoul on Wednesday.
The Meteor, developed by European defense firm MBDA, is known for its top speed of Mach 4 and an interception range exceeding 200 kilometers, making it one of the most advanced long-range air-to-air missiles currently in service.
Hanwha Aerospace said it aims to complete development of the indigenous missile by 2033 in cooperation with the Agency for Defense Development (ADD), with mass production expected after 2036. The missile is intended for deployment on South Korea’s indigenous fighter jet, the KF-21 Boramae.
A key focus of the project is the development of a "Ducted Ramjet Propulsion," a core technology that enables extended range and high maneuverability. The system generates propulsion by burning solid fuel using air intake during flight, significantly improving fuel efficiency.
“The Ducted Ramjet Propulsion is what has made the Meteor missile recognized as one of the world’s most advanced long-range air-to-air missiles,” said Cho Bok-ki, a senior researcher at Hanwha Aerospace’s PGM Research Center. “Our goal is to apply this propulsion method while pursuing even greater performance.”
The company said it plans to leverage more than two decades of experience in propulsion-related research, including work on propellants, gas generators and combustors under projects led by the ADD since 2005.
Hanwha Aerospace also expressed expectations that integrating domestically developed air-launched weapons with Korean fighter jets such as the KF-21 and offering them as package deals could strengthen competitiveness in global markets.
“We will continue working with the government and industry partners to localize advanced defense technologies, while boosting self-reliance and expanding defense exports,” a company official said.
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