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Tag Archives | Cheongung II

$2.8bn Iraq Defense Contract: Companies "Struggle for Control"

By on 13th March 2025 in Security

By Kim Ji-hwan, for ChosunBiz. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Hanwha and LIG Nex1 struggle for control in Iraq missile export negotiations Industry rivalry hinders progress on missile sale to Iraq as firms seek dominance. The full article can be viewed […]

Iraq "Seeks $2.5bn Missile System" from South Korea

By on 6th June 2024 in Security

By John Lee. Iraqi news agency Basnews has reported that Iraq "urgently requested" eight missile defense systems from South Korea, valued at approximately $2.5 billion. It says the systems are the "M-SAM-II", or "Cheongung II", which it describes as a robust defense system against aircraft, cruise missiles, and ballistic missiles. More here. (Source: Basnews)