South Korea’s Hanwha Aerospace has entered a joint venture with Poland’s WB Group to manufacture guided missiles for the Homar-K multiple rocket launch system (MRLS).
Once operational, the joint venture will focus on producing CGR-80 guided missiles with an 80km range for the Homar-K system, a Polish adaptation of the K239 Chunmoo MRLS.
Additionally, the venture aims to market these missiles to neighbouring European countries, enhancing regional defence collaboration.
This marks a step in Hanwha’s aim to localisation and expanding its role within Nato and EU defence sectors.
The term sheet agreement outlines the creation of a new entity, with Hanwha Aerospace holding a 51% majority stake and WB Electronics, a subsidiary of WB Group, owning the remaining 49%.
This partnership is contingent on the approval of Poland’s Antimonopoly Committee and signifies a move by Hanwha Aerospace to increase its footprint in the European defence market.
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By GlobalDataWB Group chairman Piotr Wojciechowski said: “The term sheet shows a clear roadmap for building a missile production site in Poland. The cooperation between WB Electronics and Hanwha Aerospace is a demonstration of how the Polish and Korean industries can work together and how each company complements the other. The factory will increase Poland’s independence in ammunition production and provide huge potential for industrial and economic growth.
“We expect the plant to become a supply centre not only for the Polish armed forces but also for the armies of other European countries. I want to point out that it will be a Polish company operating by Polish law and paying taxes in the country. The joint venture will employ Polish engineers and workers and create a supply chain in Poland and the broader European market.”
Since 2022, Hanwha Aerospace has secured two executive contracts for the supply of 290 Chunmoo rocket artillery systems, capable of launching both 80km and 290km range rockets.
These systems are assembled and integrated by Polish defence companies, featuring a launcher mounted on a Polish Jelcz 8×8 chassis and incorporating the Topaz combat management system developed by WB.
The Polish Armed Forces received their first K239 Chunmoo MLRS on 21 August 2025, which was delivered to the port of Gdańsk.
This delivery is part of a broader procurement agreement made at the end of 2023, where the Polish government committed to purchasing 288 K239 modules from Hanwha Aerospace in a deal valued at $3.55bn (13.4bn zlotys)
