US EditionKOTRA Signs Deal to Export Chunmoo Rocket Launchers to Estonia
- KOTRA signed a deal with the Estonian arms procurement agency to export South Korea's Chunmoo multiple launch rocket system to Estonia, valued at 300 million euros over three years.
- Hanwha Aerospace Co. will supply the Chunmoo rocket launchers and related missiles under the government-to-government contract signed in Tallinn.
- The agreement follows a prior memorandum of understanding concerning Estonia's acquisition of the rocket system, signed by South Korean and Estonian defense ministers in October.
- Estonia plans to invest 10 billion euros to enhance its defense capabilities by 2029, which includes this new acquisition.
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14 Articles
Estonia wants to acquire six multi-rade launcher systems including ammunition from South Korea to strengthen its defence capability for almost 290 million euros. Russia's war of aggression against Ukraine is seen in Estonia as a direct threat to national security.The Tallinn government has therefore significantly increased military spending and is massively upgrading the army.The delivery of self-propelled weapons systems to the Baltic EU and NA…
Estonia sees the Russian war of aggression against Ukraine as a direct threat to national security. NATO therefore upgrades – and buys new weapons for a lot of money.
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Estonia strengthens its long-range capabilities: The country's State Defense Investment Center has signed a contract with South Korean company Hanwha Aerospace for the purchase of six Chunmoo salvo rocket systems at a total cost of nearly 290 million euros.
Representatives of the State Defence Investment Centre (RKIK) and the South Korean defence industry company Hanwha Aerospace signed a contract for the procurement of six Chunmoo multiple rocket launchers for Estonia.
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