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.
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.
