South Korea defense firm set to seal $1.9B rocket launcher deal with Norway

South Korea defense firm set to seal $1.9B rocket launcher deal with Norway

Hanwha Aerospace Co. expected to sign agreement with Norwegian Defence Materiel Agency on Friday in Oslo

By Anadolu staff

ISTANBUL (AA) - A South Korean defense firm has secured a $1.9 billion agreement to supply its K239 Chunmoo multiple rocket launcher systems to Norway, Yonhap news reported.

Hanwha Aerospace Co. is expected to sign a formal deal with Norwegian Defence Materiel Agency on Friday in Oslo. South Korea’s presidential chief of staff, Kang Hoon-sik, is expected to attend the ceremony.

Kang is currently on an overseas trip, including a visit to Canada. Ahead of his departure from Seoul on Monday, Kang said he would also travel to Norway to discuss expanding bilateral defense cooperation.

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