WB Electronics of Poland and South Korea’s Hanwha Aerospace have agreed to establish a joint venture for manufacturing missiles in support of the Chunmoo multiple rocket launch system (MRLS) in Poland. Hanwha will retain a 51% stake, while WB Electronics, part of the WB Group, will hold the remaining 49%. The new venture will produce CGR-80 guided missiles tailored for the Polish Homar-K system, a localized variant of the K239 Chunmoo MRLS.
