Hanwha Aerospace Signs Deal with Sweden
Hanwha Aerospace Co. has signed a 150 billion-won (US$110 million) deal to supply modular charge systems (MCSs) to Sweden's artillery forces.
The agreement was made with the Swedish Defence Materiel Administration (FMV) during the Association of the United States Army (AUSA) 2025 annual meeting in Washington, D.C.
- Deal amount: 150 billion-won (US$110 million)
- Delivery schedule: scheduled to begin next year
- Contract duration: three-year framework deal
The deal will help cement its position as a defense partner in Northern Europe.
Author's summary: Hanwha Aerospace signs a $110 million deal with Sweden.