Hanwha Aerospace to conduct ship-based Chunmoo missile tests in U.S.

What happened: Hanwha Aerospace's U.S. subsidiary plans two test-firings of Chunmoo multiple rocket launcher missiles from a vessel off the southern U.S. coast later this month, to assess shipboard use. Key numbers: Two test-firings planned. April agreement with Magnet Defense on a containerized launcher for the H38 MUSV. US$269 million TOTE Services contract last month. Why it matters: The tests support adapting the land-based system for naval use, part of HDUSA's expansion in the U.S. maritime defense market, where it is also in talks to acquire Austal USA.

Hanwha Aerospace's U.S. subsidiary plans two test-firings of Chunmoo multiple rocket launcher missiles from a vessel off the southern U.S. coast later this month, to assess shipboard use.

The tests support adapting the land-based system for naval use, part of HDUSA's expansion in the U.S. maritime defense market, where it is also in talks to acquire Austal USA.