Hanwha Aerospace to supply 940 billion won worth of K9 to Finland

*This content was translated by AI.

Hanwha Aerospace has confirmed the export of additional K9 self-propelled artillery to Finland.

Finland becomes the third country in NATO to operate more than 200 K9 self-propelled artillery after Turkey and Poland.

Hanwha Aerospace announced on the 9th (local time) that it has signed an export contract for K9 self-propelled artillery worth about 546 million euros (about 940 billion won) with the Finnish Ministry of Defense. This contract is a method in which Finland's Ministry of Defense signs an intergovernmental export contract with KOTRA, and KOTRA signs an export performance guarantee contract with Hanwha.

The contract ceremony was held at the House of the Estates in Helsinki, Finland, attended by Son Jae-il, CEO of Hanwha Aerospace, Saddle-hyuk, MRO business manager, Olly Rutu, director of the Finnish Ministry of Defense's Resource Policy Bureau, and Kim Jung-ha, Korean Ambassador to Finland.

Finland has been continuously expanding its introduction since it signed a contract with Hanwha Aerospace (then Hanwha Techwin) in March 2017 to receive 48 K9 self-propelled guns. Under the contract, Hanwha Aerospace will deliver 112 K9 self-propelled guns and spare parts to the Finnish military from 2028.

The additional introduction of Finland is expected to serve as an opportunity for K9 to further solidify its position in the Nordic market. Based on its proven performance and reliability, Hanwha Aerospace also plans to actively expand exports to neighboring countries such as Sweden and Denmark.

"This export proves once again that Hanwha Aerospace is a trusted partner in the European defense market," said an official at Hanwha Aerospace who spoke to this newspaper by phone.

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*This content was translated by AI.