Hanwha Aerospace and Poland Strengthen Ties with Additional Executive Contract for K9 Howitzers and Technology Transfer

Hanwha Aerospace today announced that ithas signed an additional executive contract with Polish Armaments Agency. Thisagreement is the second executive contract, following the framework contractand first executive contract, both signed in 2022.

The contract, worth around KRW 3.45trillion (USD 2.6 billion), outlines the delivery of K9 self-propelled howitzers,ammunition, and the transfer of technology to streamline local production ofmaintenance parts for weapon systems, as well as technical support to maintain,renovate and modernize the Polish defense industry.

As part of the agreement, Hanwha Aerospacewill supply Poland with 152 K9 self-propelled howitzers and an IntegratedLogistics Support (ILS) package for maintenance. The contract also covers thesupply of 155mm howitzer self-propelled ammunition packages.

The company is committed to integrating advanceddefense technologies into the fabric of the Polish defense landscape. Hanwhaaims to fortify a partnership that not only meets Poland's immediate defenseneeds, but also fosters long-term resilience and innovation in the country'sdefense sector. The collaboration aims to significantly contribute to thegrowth and modernization of Poland's defense industry, while also fostering amutually beneficial relationship between Hanwha Aerospace and its Polishpartners.

An official from Hanwha Aerospace stated,"Hanwha Aerospace takes pride in our ongoing commitment to deliveringdeterrence solutions to key regions with urgent demand. We are dedicated toworking with our Polish partners to ensure effective and cost-saving solutionsto strengthen their defense capabilities."

Hanwha Aerospace has decades of experiencedesigning, developing, testing successfully manufacturing modern equipment ofland forces. The company is adopting a cooperative approach to support thelocalization of K9 package delivery, a private cooperation aimed at expeditingthe achievement of the Polish Army's goals.