The signing took place on October 2, 2024, during the Korea Army International Defense Industry Exhibition (KADEX), held at the Gyeryongdae military headquarters in South Korea. Representing WB Electronics S.A., the leading company within WB Group, President Piotr Wojciechowski signed the agreement, while Hanwha Aerospace was represented by General Director Son Jae Il. The ceremony was attended by Paweł Bejda, State Secretary at the Polish Ministry of National Defence, and Hyun Ki Cho, a representative from South Korea’s Defense Acquisition Program Administration (DAPA).
This new agreement outlines the key steps to establish the joint venture, which will focus on the development and production of missiles in Poland. The deal includes provisions for acquiring property for the production facility, conducting safety analyses, and a timeline for project implementation.
The partnership builds on a memorandum of understanding (MoU) signed on September 4, 2024, by WB Electronics S.A. and Hanwha Aerospace. That earlier agreement set out the main requirements for the joint production of CGR-080 missiles, which are designed for use in Poland’s Homar-K rocket launcher systems.
In addition to missile production, the joint venture will include a technology and knowledge transfer to the Polish defence industry. The companies plan to further develop the CGR-080 missile and create new types of missiles in response to the needs of the Polish Ministry of National Defence.
Over the past month, WB Group and Hanwha Aerospace have worked closely to finalise important aspects of the project’s structure to ensure it meets the requirements of the Ministry of National Defence and the Armament Agency. A key focus of the discussions has been the “Polonisation” of the production process, meaning the adaptation of manufacturing to maximise Polish involvement.
The industrial feasibility study prepared by both companies confirmed the market, engineering, and research and development plans for the project. It also detailed the organisational and logistical steps needed for the joint venture to operate, including securing land for the new production facility.
