Initial Supply to Poland, Followed by Exports to Other European Countries
Hanwha Aerospace has partnered with a local Polish company to expand into the European market in response to the "defense industry bloc formation" in Europe. This localization strategy aims to strengthen security cooperation with Poland by establishing local production facilities and, using this as a foundation, to advance into the global market.
Hanwha established a local subsidiary in Poland with WB Group and decided to produce guided missiles used in the Chunmoo multiple launch rocket system. Photo by Korea Defense Industry Association
On September 2 (local time), Hanwha Aerospace reached a final agreement with WB Group, Poland's largest private defense company, to establish a joint venture for the production of guided missiles for the Chunmoo multiple launch rocket system.
The contract signing ceremony took place at the "International Defence Industry Exhibition (MSPO 2025)" held in Kielce, Poland, on the same day. The event was attended by Son Jaeil, CEO of Hanwha Aerospace, Piotr Wojciech, Chairman of WB Group, Cho Hyunki, Director General for Resource Management at the Ministry of National Defense, and Wladyslaw Kosiniak-Kamysz, Deputy Prime Minister and Minister of National Defense of Poland, along with other key government and industry figures from both countries.
The joint venture plans to produce the CGR-080 guided missile, which has a range of 80 kilometers and is mounted on the Polish export version of Chunmoo, known as Homar-K, by building production infrastructure and hiring local employees. The missiles produced by the joint venture will be supplied to Poland first, and the two companies plan to diversify the types of missiles and pursue exports to other European countries through further discussions.
This is the first time Hanwha Aerospace has established a joint venture in Poland, a strategic partner for South Korea’s defense industry. Hanwha and WB Group will hold 51% and 49% of the shares, respectively.
CEO Son stated, "As export barriers rise due to the bloc formation of the European defense industry, market expansion through localization is essential," and added, "Through the joint venture and various region-specific localization strategies, we will globalize South Korea’s defense industry."
Minister Kosiniak-Kamysz said, "WB Group signed a unique agreement today to localize missiles for the Homar project in Poland," and described it as "truly the best event of the year." He added, "At this moment, this is about building a very important independent capability and strength for this country." By signing the model of the Homar missile, he symbolically demonstrated the government’s strong commitment to support.
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