Hanwha Aerospace Co. has secured an estimated $1.9 billion project to supply long-range rockets to Norway, with the official contract expected to be signed this week, informed industry sources said Wednesday. The contract is widely expected to be signed Friday in Oslo by Hanwha Aerospace and the Norwegian Defence Material Agency (NDMA), the sources with direct knowledge of the matter told Yonhap News Agency while speaking on condition of anonymity. Kang Hoon-sik, South Korea’s presidential chief of staff, is expected to attend the signing ceremony, according to the sources. Kang is currently visiting Canada as part of a trip widely believed to be aimed at supporting the country’s defense exports. Just before his departure from Seoul on Monday, Kang said he would also travel to Norway to discuss ways to expand defense cooperation between the two countries. The Norwegian deal centers on Hanwha Aerospace’s K239 Chunmoo multiple rocket launcher system as Norway seeks to bolster its long-range precision strike capability amid heightened security concerns in Europe. According to the sources, the
