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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 read

· Last updated: April 15, 2025

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Hanwha Aerospace to Manufacture Missiles in Poland

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)

Key Takeaways

  • Hanwha Aerospace and WB Electronics form a joint venture in Poland.
  • The venture will produce CGR-080 guided missiles.
  • Missiles are compatible with the K239 Chunmoo system.
  • Poland aims to boost defense production amid regional tensions.
  • The agreement strengthens Poland-South Korea defense ties.

Frequently Asked Questions

What is the main topic?
The article discusses Hanwha Aerospace's joint venture with WB Electronics to produce missiles in Poland.
Why is Poland increasing its defense production?
Poland is boosting defense production in response to regional security concerns, particularly due to Russia's actions in Ukraine.
What missile system will be produced?
The joint venture will produce CGR-080 guided missiles, used by the K239 Chunmoo system.

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