South Korea’s Hanwha Aerospace and Norway’s Kongsberg Defence & Aerospace signed a memorandum of understanding (MoU) at the Eurosatory 2024 exhibition in Paris on 17 June aimed at strengthening the two companies’ co-operation in delivering high-performing combat solutions for land domain platforms.
The two companies are expanding their partnership in developing and marketing advanced defence solutions for the global market, including their respective home markets in Norway and South Korea. Both companies have previously delivered combined systems to several customers, including in Norway, Finland, Estonia and Australia.
The MoU covers Kongsberg’s Integrated Combat Solution (ICS), digital vehicle platform and remote weapon systems for Hanwha land platforms, including the K9/K10 Thunder artillery system and Chunmoo multiple rocket launcher.
Jaeil Son, president and CEO of Hanwha Aerospace, stated: “The memorandum that has just been signed holds special significance for us. Kongsberg Defence & Aerospace is a globally recognised company providing top-quality equipment and services. We are therefore particularly pleased to further develop our existing co-operation, and through this partnership we will be developing the most advanced, cutting-edge solutions together. The agreement signed today is further proof of Hanwha Aerospace’s growing commitment in Europe.”
“This MoU confirms the strong relationship between the two companies and our desire to work together to develop first-class solutions to our customers,” added Jørgen Bull, vice president of land systems at Kongsberg Defence & Aerospace.