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Hanwha Aerospace, BAE Systems ink $130M artillery propellant deal

Summary by Ground News
Hanwha Aerospace signed a $130-million modular charge system (MCS) supply deal with BAE Systems. It is the Korean arms supplier's first export contract to supply NATO-standard artillery propellant for 155-millimeter ammunition. An MCS is a cylinder-shaped propellant that helps dispatch warheads to a target. Hanwha began developing MCSs in 2019 amid escalating geopolitical tension in Europe.
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Korea JoongAng DailyKorea JoongAng Daily

Hanwha Aerospace, BAE Systems ink $130M artillery propellant deal

Hanwha Aerospace has secured a $130 million deal to supply propellant for NATO-standard ammunition to BAE Systems.

·Seoul, Korea, Republic of
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Korea JoongAng Daily broke the news in Seoul, Korea, Republic of on Thursday, November 23, 2023.
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