The latest agreement was signed between Korea Trade-Investment Promotion Agency and the Estonian Centre for Defence Investments. Hanwha Aerospace said the follow-on order reinforces its growing defence-industrial partnership with Estonia, which already includes deliveries of K9 Thunder self-propelled howitzers.
The original contract signed in December 2025 was valued at approximately €290 million and covered six Chunmoo launchers, three types of missiles and operational as well as training support. The package included CGR-080 guided rockets, CTM-MR missiles and CTM-290 tactical ballistic missiles.
The Chunmoo system is mounted on a highly mobile 8×8 truck platform and is designed to provide rapid and precise long-range fire support. The launcher can fire 239 mm guided rockets with ranges of up to 80 kilometres, as well as CTM-290 tactical ballistic missiles capable of striking targets at distances of up to 290 kilometres.
Hanwha Aerospace said Estonia’s continued procurement of its systems reflects confidence built through previous K9 and Chunmoo programmes, particularly regarding delivery schedules, product quality and operational reliability. The company added that rapid delivery capabilities have helped position it as an important defence partner for Baltic security initiatives.
Hanno Pevkur, Estonia’s minister of defence, said, “The contract for three additional Chunmoo systems represents a significant capability development and reflects our increasingly active and effective cooperation with our South Korean partners.”
Jae-il Son, president and chief executive officer of Hanwha Aerospace, said, “This follow-on order enables us to further contribute to strengthening Estonia’s defence capabilities and defenceindustrial ecosystem.”
“Building on this momentum, we will continue to expand our footprint across the Baltic and Nordic regions, and to broaden our land systems portfolio in strategic partnership with Estonia,” Son added. Hanwha Aerospace said the agreement supports its wider strategy to expand defence cooperation across Northern and Eastern Europe.
