Hanwha Aerospace Demonstrates Timely Delivery with Follow-up Contract Five Months After Initial December Deal
Hanwha Aerospace said on the 11th it will supply Estonia with three additional Cheonmu precision-guided multiple-launch rocket launchers. The follow-up contract comes five months after an initial December supply deal and could signal continued momentum in the company’s export drive. The Korea Trade-Investment Promotion Agency (KOTRA) and Estonia’s Defense Investment Centre (ECDI) signed a government-to-government (G2G) export contract that day, under which Hanwha Aerospace will deliver three more Cheonmu launchers to the Estonian military. This award follows last December’s Cheonmu procurement deal valued at about €290 million (approximately 520 billion KRW, approximately $390 million; €290 million ≈ $310.3 million).
The earlier contract covered six Cheonmu launchers, three missile types (CGR-080, CTM-MR, CTM-290), and operational and training support. Estonia is moving quickly to field and modernize a battery-scale multiple-launch rocket capability under its National Defense Development Plan 2031 (RKAK 2031).
The new contract demonstrates Hanwha Aerospace’s ability to meet the Estonian military’s delivery timeline. Analysts say the follow-on order likely reflects the strong trust Hanwha built while executing the initial contract. Hanno Pevkur, Estonia’s defense minister, said, “The additional procurement of three Cheonmu launchers shows that cooperation with Hanwha continues to be close.”
Son Jae-il, CEO of Hanwha Aerospace, said, “We will continue to actively promote Hanwha’s defense solutions in the Baltic region and strengthen our standing as Estonia’s trusted strategic partner.”
