According to the Paris-based Naval News website, representatives from Hanwha said the company was willing to sell its forthcoming CTM-ASBM to the Philippines to meet “growing demand from customers seeking anti-ship capability”.
“In response to growing demand from customers seeking anti-ship capability, we are currently developing the CTM anti-ship ballistic missile. Its probable customers will be countries with extensive coastlines, such as those in Europe or island nations like the Philippines,” a company representative told Naval News during the Association of the United States Army (AUSA) Annual Meeting & Exposition this week.
The CTM-ASBM is fitted with Hanwha Aerospace’s K239 Chunmoo mobile multiple rocket launcher system, designed to launch various types of munitions, including both short and medium-range ballistic missiles or rockets using its two launching pods.
South Korea’s Lee says Seoul prepared to shoulder defence costs
South Korea’s Lee says Seoul prepared to shoulder defence costs
Derived from the existing CTM series launched from Chunmoo, CTM-ASBM is a 280mm anti-ship ballistic missile variant of CTM-MR, a mid-range tactical missile. Both missiles are under development and expected to be completed by 2028.
