Hanwha and WB Group to form joint venture to produce Chunmoo missiles in Poland

Hanwha Aerospace and WB Group are forming a joint venture to produce CGR-80 and possibly other missiles for Chunmoo MRLs. (Polish MND)

Hanwha Aerospace and WB Group signed an agreement in Warsaw on 15 April to form a joint venture to produce L239 Chunmoo multiple rocket launcher (MRL) missiles in Poland, the South Korean company and Polish Ministry of National Defence (MND) announced later the same day. The agreement was signed by WB Group chairman Piotr Wojciechowski and Billy Boo-hwan Lee, head of the Hanwha Aerospace PGM Business Group.

Under the agreement, Hanwha Aerospace will hold a 51% stake and WB Group subsidiary WB Electronics the remaining 49% in the joint venture, which will begin operations after approval by Poland's competition authories.

The joint venture will produce CGR-80 guided missiles with a range of 80 km for the Homar-K, the Polish version of the Chunmoo, under another executive contract for the MRL.

Hanwha Aerospace has signed two executive contracts since 2022 to supply 290 Chunmoo MRLs that can fire missiles with a range of 80 km and 290 km. The second contract was signed in December 2024 for 72 Chunmoo launchers: 12 to be produced in South Korea and 60 in Poland.

Polish Secretary of State and Deputy Minister of Defence Paweł Bejda, who attended the signing ceremony, said this was the first stage of transferring Chunmoo production technology and that Poland had received assurances that the first missiles would come off the production line within three years.

A WB Group spokesperson told Janes