The latest purchase reflects the growing defense partnership between South Korea and Estonia, which began with Estonia’s acquisition of K9 self-propelled howitzers and has since expanded to include precision-guided multiple rocket launchers.
Hanwha Aerospace said the additional supply was confirmed after the Korea Trade-Investment Promotion Agency (KOTRA) and the Estonian Centre for Defence Investments (ECDI) signed a government-to-government export contract earlier in the day.
The deal follows a contract signed in December last year, worth about 290 million euros, or around $336 million based on the exchange rate at the time. The initial agreement included six Chunmoo launchers, three types of missiles — the CGR-080, CTM-MR and CTM-290 — as well as operational and training support.
Estonia is currently moving quickly to acquire and modernize a multiple rocket launcher capability under its National Defence Development Plan 2031, known as RKAK 2031.
The follow-up contract is seen as a result of Hanwha’s ability to meet Estonia’s delivery requirements and the trust built between the two sides during the implementation of the first contract.
“The additional purchase of three Chunmoo launchers is highly significant for strengthening Estonia’s defense capabilities,” Estonian Defense Minister Hanno Pevkur said. “It also shows that our cooperation with Hanwha continues to deepen.”
“We are pleased to further contribute to strengthening Estonia’s national defense and defense industry ecosystem through this additional supply,” Hanwha Aerospace CEO Son Jae-il said. “We will continue to introduce Hanwha’s defense solutions across the Baltic region and strengthen our position as Estonia’s trusted strategic partner.”
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