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Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

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Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

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Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

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Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

E

Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Front row L to R: CEO of Hanwha Aerospace Jae-Il Son, DAPA Minister Lee Yong-cheol, Minister of Defence Hanno Pevkur, Deputy Director General at Estonian Centre for Defence Investments Katri Raudsepp. Photo Mihkel Maripuu, Postimees

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Estonia inks South Korean Chunmoo MLRS deal

21.12.2025, Viimsi. A â¬290 million contract was signed for six South Korean-made K239 Chunmoo self-propelled multiple launch rocket systems (MLRS). As part of the deal, South Korean defense company Hanwha is also to make investments in Estonia's defense industry. Photo Mihkel Maripuu, Postimees

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

National Defence Minister David McGuinty, left, and Prime Minister Mark Carney are seen during a tour of the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

National Defence Minister David McGuinty, back left to right, South Korea Prime Minister Kim Min-seok, Prime Minister Mark Carney and Hahnwa Group Vice-Chariman Kim Dong Kwan speak amongst themselves after touring a submarine at the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

Prime Minister Mark Carney smiles as he climbs down a ladder into a submarine during a tour of the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

South Korea Prime Minister Kim Min-seok, centre, Prime Minister Mark Carney, second right, and National Defence Minister David McGuinty, right, are given a tour of the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

Prime Minister Mark Carney tours of the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

Defence Minister David McGuinty, left to right, South Korea Prime Minister Kim Min-seok, Prime Minister Mark Carney and Hahnwa Group Vice-Chariman Kim Dong Kwan speak amongst themselves after touring a submarine at the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

National Defence Minister David McGuinty, right, South Korea Prime Minister Kim Min-seok, hidden, Prime Minister Mark Carney and Hahnwa Group Vice-Chariman Kim Dong Kwan, left, speak during a tour at the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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PM Mark Carney Visits the Hanwha Ocean Shipyard - South Korea

South Korea Prime Minister Kim Min-seok speaks with Prime Minister Mark Carney as they tour the Hanwha Ocean Shipyard in Geoje Island, South Korea, Thursday October 30, 2025. Photo by Adrian Wyld/The Canadian Press/ABACAPRESS.COM

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Hanwha Ocean Engineering

YANTAI, CHINA - OCTOBER 27, 2025 - Hanwha Ocean Engineering (Shandong) Co., Ltd. in Yantai, Shandong on October 27, 2025.

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S. Korean President Lee visits shipyard in Philadelphia

South Koreans living in the United States are pictured in Philadelphia on Aug. 26, 2025, in front of Philly Shipyard, acquired by South Korean conglomerate Hanwha Group in 2024. South Korean President Lee Jae Myung visited the shipyard the same day to attend a christening ceremony for a vessel built for the U.S. military.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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China Shipbuilding Industry

YANTAI, CHINA - AUGUST 21, 2025 - Semi-submersible vessels are preparing to transport large container ship hulls in sections to the final assembly base at Hanwha Marine Shipyard in Yantai City, Shandong Province, China on August 21, 2025.

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Safest Shipyard in the world Yantai

YANTAI, CHINA - SEPTEMBER 16, 2024 - A hull section that will be sent to the final assembly base is being loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, Shandong province, China, Sept 16, 2024.

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Safest Shipyard in the world Yantai

YANTAI, CHINA - SEPTEMBER 16, 2024 - A hull section that will be sent to the final assembly base is being loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, Shandong province, China, Sept 16, 2024.

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Safest Shipyard in the world Yantai

YANTAI, CHINA - SEPTEMBER 16, 2024 - A hull section that will be sent to the final assembly base is being loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, Shandong province, China, Sept 16, 2024.

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Safest Shipyard in the world Yantai

YANTAI, CHINA - SEPTEMBER 16, 2024 - A hull section that will be sent to the final assembly base is being loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, Shandong province, China, Sept 16, 2024.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Shipbuilding in China

YANTAI, CHINA - MAY 22, 2024 - A semi-submersible vessel loaded with hull sections of a very large container ship makes its way to the final assembly base at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, east China's Shandong province, May 22, 2024. According to the China Shipbuilding Industry Association, from January to March 2024, China's shipbuilding completed 12.35 million deadweight tons, an increase of 34.7%.

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Emmanuel Macron Meets With South Korean Business Leaders - Paris

French President Emmanuel Macron accompanied by Secretary-General of the Elysee Palace Alexis Kohler, during a meeting with South Korean business leaders at the Elysee Palace in Paris, France, June 21, 2023. South Korean business leaders including Chey Jae-won, Vice Chairman and CEO of SK Holding, Lee Jae-yong, Executive Chairman of Samsung Electronics, Vice Chairman of Hyosung Group Cho Hyun-sang, Cho Won-tae aka Walter Cho, Chairman and Chief Executive Officer of Hanjin Group and Korean Air, Chung Eui-sun, Chairman of Hyundai Motor Group, Dong Kwan Kim, Hanwha Group Vice Chairman, Koo Kwang-mo is the chairman and chief executive of LG Corp, Jin Roy Ryu, chairman and CEO of Poongsan Group participate this meeting. Photo by Mathilde Mazars/Pool/ABACAPRESS.COM

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Emmanuel Macron Meets With South Korean Business Leaders - Paris

French President Emmanuel Macron accompanied by Secretary-General of the Elysee Palace Alexis Kohler, during a meeting with South Korean business leaders at the Elysee Palace in Paris, France, June 21, 2023. South Korean business leaders including Chey Jae-won, Vice Chairman and CEO of SK Holding, Lee Jae-yong, Executive Chairman of Samsung Electronics, Vice Chairman of Hyosung Group Cho Hyun-sang, Cho Won-tae aka Walter Cho, Chairman and Chief Executive Officer of Hanjin Group and Korean Air, Chung Eui-sun, Chairman of Hyundai Motor Group, Dong Kwan Kim, Hanwha Group Vice Chairman, Koo Kwang-mo is the chairman and chief executive of LG Corp, Jin Roy Ryu, chairman and CEO of Poongsan Group participate this meeting. Photo by Mathilde Mazars/Pool/ABACAPRESS.COM