Hanwha Systems Co., a South Korean defense solutions company, said Tuesday that it has clinched a 1.2 trillion-won (US$866.8 million) deal to supply multi-function radar (MFR) for the Cheongung-II medium-range surface-to-air missile (M-SAM) system, which will be exported to Saudi Arabia.This deal is part of a larger 4.2 trillion-won contract between South Korean defense firm LIG Nex1 and Saudi Arabia, signed in February, for the export of the Cheongung-II system.It is Hanwha Systems' second contract worth more than 1 trillion won, following a previous agreement to provide MFR to the United Arab Emirates last year.The Cheongung-II system is at the center of South Korea's missile defense strategy, designed to intercept incoming missiles and aircraft, primarily as a safeguard against threats from North Korea.Hanwha Systems' MFR is highly advanced radar that integrates multiple functions, such as detection, tracking, electronic warfare, and missile guidance, into a single system.The company developed M FR for Cheongung-II in 2020 in cooperation with the state-run Agency for Defense Development, with an improved version, M-SAM MFR Product Improvement Program (PIP), available now.Source: Yonhap News Agency

Recent Posts
Taiwan Achieves Success in Skeet Shooting and Gymnastics at Asian Games
September 23, 2026
DPP Candidate Passes Away After Onstage Collapse in Xincheng Township
September 23, 2026
Taiwan Participates in WorldSkills Competition Opening Ceremony in Shanghai
September 23, 2026
Taiwan’s Chen Po-yi Clinches Bronze in Asian Games Soft Tennis
September 23, 2026
Taiwan Achieves Success in Skeet Shooting and Gymnastics at Asian Games
September 23, 2026
Taiwan Shares Close High Despite Decreased Turnover Pre-Holiday
September 23, 2026
AI Boom Drives ADB to Revise Taiwan’s 2026 Growth Forecast to 11%
September 23, 2026
TCC Group Plans Acquisition of Ukrainian Cement Producer
September 23, 2026
Taiwan Showcases Resilient Railway Solutions at Berlin Trade Fair
September 23, 2026