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South Korea's Hanwha Aerospace to produce missiles in Poland
Published by Global Banking & Finance Review®
Posted on April 15, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 15, 2025
1 min readLast updated: January 24, 2026
Hanwha Aerospace and WB Electronics will produce CGR-080 missiles in Poland, enhancing defense capabilities amid regional tensions.
WARSAW (Reuters) - Polish defence company WB Electronics and South Korea's Hanwha Aerospace have signed an agreement to form a joint venture producing missiles in Poland, the Polish defence ministry said on Tuesday.
South Korea has emerged as a key supplier of military equipment to Poland as Warsaw looks to develop defence production capacity at as an essential step in bolstering its security in response to Russia's invasion of Ukraine.
"This is another agreement strengthening the cooperation of both companies," Polish Defence Minister Wladyslaw Kosiniak-Kamysz said on X.
"Thanks to the transfer of technology to our industry, the new missiles will also be used by other missile systems used by the Polish army."
The agreement will result in the formation of a company that will produce CGR-080 guided missiles in Poland, the defence ministry said. These missiles are used by the South Korean K239 Chunmoo rocket artillery system, which Warsaw has purchased.
(Reporting by Alan Charlish; Editing by David Goodman)
The article discusses Hanwha Aerospace's joint venture with WB Electronics to produce missiles in Poland.
Poland is boosting defense production in response to regional security concerns, particularly due to Russia's actions in Ukraine.
The joint venture will produce CGR-080 guided missiles, used by the K239 Chunmoo system.
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