Hanwha Aerospace to jointly produce guided missiles in Poland
The CGR80 is a guided artillery rocket developed for the K239 Chunmoo. (Photo: Poland Ministry of National Defence)
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
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