Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace has signed a technology license agreement worth approximately KRW 341 billion with its Polish subsidiary, Hanwha WB Advanced System, to fulfill the 3rd executive contract for Chunmoo guided missiles.
📊 [Key Disclosure Details & Financial Metrics]
- Disclosure Title: Execution of Sales/Supply Contract
- Contract Type: Other Sales/Supply Contract
- Contract Name: License Agreement
- Contract Amount: KRW 341,007,303,040 (Approx. KRW 341.0B / Converted at USD/KRW exchange rate of 1,513.40 on March 31, 2026)
- Ratio to Recent Revenue: 3.03% (Based on consolidated 2024 revenue of KRW 11.24T)
- Contract Counterparty: Hanwha WB Advanced System sp.z o.o. (Subsidiary)
- Supply Region: Poland
- Contract Period: March 31, 2026 – October 30, 2033
- Key Payment Terms:
- Down Payment / Advance Payment: None
- Payment Terms: Received based on revenue proportions, payable within 30 days from invoice issuance date
- Contract Date: March 31, 2026
- Transaction Details & Notes: Follow-up filing to the ‘Major Management Matters Related to Investment Decision’ disclosure dated March 23, 2026. This contract serves as a follow-up agreement with the subsidiary to execute the 3rd executive contract (worth approx. KRW 4.6T) signed with the Polish Armaments Agency in December 2025 (Schedule and final amount subject to potential adjustments)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring compliance with licensing agreement terms and revenue-proportional payment execution
This disclosure involves a KRW 341.0B technology license agreement executed with subsidiary Hanwha WB Advanced System to fulfill the 3rd Chunmoo executive contract with the Polish Armaments Agency. Verifying whether the revenue-proportional payment schedule and long-term license agreement terms proceed as planned through October 2033 is essential to determining whether the transaction is fulfilled according to contract terms. Updates on contract execution can be verified in upcoming periodic filings (quarterly, half-yearly, or annual reports) and subsequent official disclosures.
📢 Disclaimer & Source Notice
Source: This content was structured and newly synthesized based on official data submitted to the Financial Supervisory Service (DART).
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