Hanwha Aerospace displays the K239 Chunmoo multiple launch rocket system during an International Defence Industry Exhibition in Kielce, Poland, in this Sept. 5, 2023 file photo provided by Hanwha Aerospace. Yonhap

Korean defense company Hanwha Aerospace said Thursday it has signed a 2.3 trillion-won ($1.67 billion) deal to supply 72 Chunmoo multiple launch rocket systems (MLRS) to Poland by 2029.

The latest deal is a follow-up to the Polish government's plan to buy 290 units of MLRS. The Eastern European country purchased 5 trillion won worth of 218 units of MLRS in late 2022, with the delivery scheduled by 2026.

But financial contracts involving state-run lenders in both countries still need to be signed by November in order to finalize the deal, the company said in a statement.

The MLRS is one of the Korean weapons systems Poland bought to bolster its defenses in the wake of the Russia-Ukraine war.

In 2022, Poland signed procurement deals worth 17 trillion won to buy K2 tanks, K9 self-propelled howitzers, FA-50 light attack aircraft and Chunmoo, marking Korea's largest-ever arms sales abroad. (Yonhap)