Drooid Logo
Back to today’s briefing

Story perspectives

Norway Chooses Hanwha for $2 Billion Artillery Deal

1/30/2026

25 5 Full Breakdown

1 of 1

Story summary
  • Norway selected South Korean company Hanwha to supply long-range precision artillery in a contract worth 19 billion Norwegian kroner (US$2 billion).
  • The deal covers 16 launch systems and missiles with a range up to 500 kilometers.
  • The selection followed a competitive bidding process, and Hanwha's Chunmoo system met all performance and cost requirements.
  • Deliveries are scheduled for 2028 and 2029 as Norway strengthens European defense.