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Norway Signs Agreement Worth 19 Billion with Hanwha
Norway has signed an agreement worth 19 billion Norwegian kroner with South Korean Hanwha to strengthen its defence with ground-based long-range strike capabilities, including 16 rocket artillery systems and missiles. The agreement includes production in Poland and an industrial cooperation agreement with Norwegian companies.
The Norwegian government has decided to sign an agreement with South Korean company Hanwha for the delivery of the Armed Forces' new ground-based long-range strike systems. The contract is valued at 19 billion Norwegian kroner and includes the delivery of 16 rocket artillery systems, missiles, and logistical support.
In a communiqué, the government announced that Hanwha was selected after a competitive procurement process conducted by the Norwegian Defence Materiel Agency (Forsvarsmateriell, FMA). According to the government, Hanwha was the only supplier that met all the requirements regarding performance, delivery time, and budget constraints.
– Ground-based long-range strike is a new capability for the Armed Forces. The government's priority is to quickly strengthen Norway's defence capability, and this acquisition will enhance our ability to credibly deter potential adversaries. It is a boost for the army's combat power and makes our country safer, says Defence Minister Tore O. Sandvik.
The procurement includes 16 rocket artillery systems and "a larger number" of missiles with three different ranges, the longest reaching up to 500 kilometres.
The system will be delivered with production support from Poland, which has recently ordered nearly 300 units of the same system. According to the agreement, the missiles will be produced in Poland, which has signed an agreement with Hanwha for local production of the missiles.
Delivery of the rocket artillery systems and training materiel is planned for 2028 and 2029, while the missiles will be delivered in 2030 and 2031. This is expected to enable the system to be operational within four years.
Hanwha has also offered an industrial cooperation agreement with Norwegian companies, equivalent to 120 percent of the contract value, according to the press release. The Norwegian Defence Materiel Agency has been authorised to sign the contract, which is scheduled for 30 January.