Hanwha Aerospace signs $110M contract for modular charge systems with Sweden
Hanwha Aerospace has secured a contract with Sweden's Defence Materiel Administration (FMV) to provide Sweden with fully NATO-standard-compliant modular charge systems (MCS)
Hanwha Aerospace’s Billy Boo-Hwan Lee, left, and FMV’s Jonas Lotsne shake hands after signing a modular charge systems agreement at AUSA 2025 in Washington, D.C.
Hanwha Aerospace has signed a three-year framework agreement with the Swedish Defence Materiel Administration (FMV). The agreement includes an initial call-off order worth approximately $110 million to supply modular charge systems (MCS) for Sweden's artillery forces.
This contract was signed at the Association of the United States Army (AUSA) 2025 Annual Meeting in Washington, D.C. The signing ceremony was attended by key representatives, including Billy Boo-Hwan Lee, Head of the PGM Business Group at Hanwha Aerospace, and Jonas Lotsne, Head of the Army Materiel Division at FMV.
Billy Boo-Hwan Lee, left, and Jonas Lotsne sign a framework agreement for MCS
This agreement marks the second MCS supply agreement between Hanwha Aerospace and Sweden, building on a successful initial contract from last year. The deal underscores the growing strategic partnership between Hanwha Aerospace and Sweden and solidifies Hanwha's position as a key defense partner in Northern Europe.
The MCS is a state-of-the-art propellant system designed for 155 mm artillery platforms. Its modular design allows for greater operational flexibility, enabling artillery crews to adjust the propellant amount to match specific range and firing conditions. Hanwha's MCS is fully compliant with NATO standards, ensuring interoperability with a wide range of artillery systems, including the K9 self-propelled howitzer.
Hanwha Aerospace’s modular charge systems on display at AUSA 2025
Billy Boo-Hwan Lee, Head of the PGM Business Group at Hanwha Aerospace, said, “This contract is a tangible result of the deep trust and collaborative partnership we have built with Sweden. We are committed to delivering the highest quality, most reliable MCS to contribute meaningfully to the enhancement of Sweden's national defense capabilities.”
Jonas Lotsne, Head of the Army Materiel Division at FMV, said, “Our contracts with Hanwha are an important part of securing propellant supplies, while we also invest significant effort in Nordic cooperation to increase production capacity within the region.”
With this latest achievement, Hanwha Aerospace plans to expand its business presence to neighboring countries such as Norway, and strengthen its defense cooperation with Sweden by proposing other advanced weapon systems, including the K9 SPH and the Chunmoo multiple rocket launcher system (MRLS).
Hanwha Aerospace
Founded in 1977 in South Korea, Hanwha Aerospace is a trusted global provider of transformative solutions that now extend beyond aerospace to the defense and marine sectors. With an unwavering focus on customer-centric quality management, continued innovation, and product competitiveness reinforced by advanced technologies, Hanwha Aerospace is surging forward as a world-class leader in the burgeoning space and aerospace businesses, as well as in the land, sea, and air defense industries.
For more information, visit: www.hanwhaaerospace.com/eng
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