Hanwha Aerospace signs $110 mil. deal with Sweden to supply modular charge system

Lee Boo-hwan, left, head of the company's Precision Guided Munition (PGM) business group, shakes hands with Jonas Lotsne, head of the Army Materiel Division at the Swedish Defence Materiel Administration (FMV), after signing a three-year deal to supply Hanwha's modular charge systems (MCSs) for Sweden's artillery forces on the sidelines of the Association of the United States Army (AUSA) 2025 annual meeting in Washington, D.C., Tuesday. Courtesy of Hanwha Aerospace

Hanwha Aerospace said Wednesday it has signed a 150 billion-won ($110 million) deal to supply modular charge systems (MCSs) to Sweden's artillery forces.

Hanwha signed the agreement with the Swedish Defence Materiel Administration (FMV) during the Association of the United States Army (AUSA) 2025 annual meeting held Monday through Wednesday (U.S. time) in Washington, D.C., the company said in a press release.

The three-year framework deal follows a similar contract signed last year with Sweden's arms procurement agency. Deliveries of MCSs are scheduled to begin next year.

Hanwha said the deal will help cement its position as a defense partner in Northern Europe.

The company said it aims to pursue similar contracts in neighboring countries such as Norway and to deepen cooperation with Sweden by proposing other advanced systems, including the Chunmoo multiple-rocket launcher system (MRLS).

The MCS is a propellant system designed for 155 mm artillery platforms. Its modular design allows artillery crews to adjust propellant charges to match specific range and firing conditions.

Hanwha said its MCS is fully compliant with the North Atlantic Treaty Organization (NATO) standards, ensuring interoperability with a wide range of artillery systems, including the K9 self-propelled howitzer.