Hanwha Aerospace inks $477 mil. deal to export 18 Chunmoo rocket launchers to Croatia
Summary
Hanwha Aerospace signed a deal in Croatia on Thursday to export 18 Chunmoo multiple launch rocket systems worth about 640 billion won, or $477 million. The contract is the first major arms deal between South Korea and Croatia and is expected to broaden defense cooperation. Croatia becomes the fourth European country to acquire the Chunmoo system after Poland, Estonia and Norway. South Korea and Croatia also signed a defense partnership memorandum of understanding.
Key Facts
- The deal was valued at 410 million euros and was signed by Hanwha Aerospace with Croatia’s defense ministry, according to DAPA.
- The Chunmoo system has an operational range of up to 80 kilometers and can carry out precision strikes and cluster attacks.
- Defense Minister Ahn Gyu-back and Croatian Prime Minister Andrej Plenkovic attended the signing ceremony, along with other officials from both governments and Hanwha.
- Ahn Gyu-back and Croatian Defense Minister Ivan Anusic signed a memorandum of understanding on defense partnership to support regular working-level dialogue and other channels.
This file photo, provided by the Army, shows the Chunmoo multiple launch rocket system firing a 130 millimeter rocket during live-firing drills in the eastern coastal county of Goseong on April 18, 2025. Yonhap
South Korean defense firm Hanwha Aerospace Co. on Thursday signed a deal to export 18 Chunmoo multiple launch rocket systems (MLRS) to Croatia in an arms contract worth some 640 billion won ($477 million), the state arms procurement agency said.
The 410 million-euro contract marks the first major arms deal between the two countries, opening up avenues for greater partnership beyond arms exports, such as industrial cooperation, military logistics support and others, the Defense Acquisition Program Administration (DAPA) said in a release.
Croatia has become the fourth European country to acquire the Chunmoo system, following Poland, Estonia and Norway.
The Chunmoo rocket launchers are a major South Korean artillery system mainly designed to counter North Korea's long-range artillery and multiple rocket launchers.
It has an operational range of up to 80 kilometers, capable of executing both targeted precision strikes and cluster attacks to wipe out enemy targets over a wide area.
Attending the signing ceremony were Defense Minister Ahn Gyu-back and Croatian Prime Minister Andrej Plenkovic, among other officials of both governments and Hanwha.
"The Chunmoo system will significantly boost Croatia's defense capability and serve as an opportunity to expand and further deepen cooperation between our two countries in the defense and security domains," Ahn said at the ceremony.
Separately, Ahn and Croatian Defense Minister Ivan Anusic signed a memorandum of understanding (MOU) on defense partnership, Seoul's defense ministry said.
The MOU will provide an institutional framework for the two countries to advance defense ties through regular working-level dialogue and other channels, the ministry said.
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