Hanwha Aerospace has secured a $110 million contract to provide Sweden with fully NATO-standard compliant Modular Charge Systems.
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Press Release, Seoul, 15 October 2025: 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, DC. The signing ceremony was attended by key representative including Billy Boo-Hwan Lee, Head of the PGM Business Group at Hanwha Aerospace, and Jonas Lotsne, Head of the Army Material Division at FMV.
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 defence partner in Northern Europe.
The MCS is a state-of-the-art propellant system designed for 155mm 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.
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 defence capabilities.”
Jonas Lotnse, Head of the Army Material 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 neighbouring countries such as Norway and strengthen its defence cooperation with Sweden by proposing other advanced weapon systems, including the K9 SPH and the Chunmoo MRLS(Multiple Rocket Launcher System).
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