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Norway Picks Hanwha’s Chunmoo in $2 Billion Long-Range Rocket Deal

Officials said Chunmoo was the only bid to meet Norway's performance, cost, delivery demands.

Overview

  • The procurement covers 16 launch units and missiles with ranges up to 500 kilometers, giving the army a new long-range strike capability.
  • Launchers and training equipment are scheduled for delivery in 2028–2029, with missile deliveries planned for 2030–2031.
  • The choice followed an international competition that featured KNDS, Rheinmetall, a SaabBoeing team and an assessed option involving Lockheed Martin’s HIMARS.
  • Hanwha plans European missile production in Poland with WB Electronics and has proposed industrial cooperation equal to 120% of the contract value.
  • An official signing is set for Jan. 30 in Oslo with senior officials expected, as some lawmakers voice preference for a European alternative.