Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace signed a contract with the Norwegian Defence Material Agency (NDMA) to export Chunmoo Multiple Launch Rocket Systems valued at approximately KRW 1.316T, representing 11.71% of its recent annual revenue.
📊 [Key Disclosure Contents & Summary of Figures]
- Company Name: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
- Disclosure Type: Execution of Single Sales or Supply Contract
- Disclosure Date: 2026-02-02
- Contract Type: Goods Supply
[Contract Details & Scale]
- Contract Name: Export Business of Chunmoo Multiple Launch Rocket System
- Contract Amount: KRW 1,316,166,122,950 (Approx. KRW 1.316T)
- Recent Annual Sales: KRW 11,240,121,484,118 (Based on FY2024 consolidated sales)
- Ratio to Recent Sales: 11.71%
- Large Corporation Status: Applicable
[Counterparty & Terms]
- Contracting Party: Norwegian Defence Material Agency (NDMA)
- Relationship with the Company: None (-)
- Sales/Supply Territory: Norway
- Contract Date: 2026-01-30
- Contract Period: 2026-01-30 ~ 2029-07-30
- Key Conditions: No advance or down payment / Payment within 30 days after delivery
[Other Key Considerations]
- Currency Conversion Basis: KRW conversion applied based on the Seoul Money Brokerage base rate of 1,427.00 KRW/USD as of Jan 30, 2026
- Note: Official confirmation disclosure following the ‘Clarification on Rumors or Reports (Unconfirmed)’ disclosure on Jan 30, 2026
- Contract terms including amount and period are subject to change during execution
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Tracking Revenue Recognition Schedule and Potential Contract Amendments
This contract operates without an advance payment, with payment due within 30 days post-delivery across a 3.5-year period through July 2029. Monitoring whether revenue is recognized smoothly according to actual delivery schedules and checking for any contract adjustments is critical to assessing the real impact on financial performance. Investors can verify progress details in the Order Backlog section of the notes to financial statements in upcoming periodic reports (Annual, Half-Year, or Quarterly Reports) or subsequent amendment disclosures.
📢 Disclaimer and Source Information
Source: This content was structured and regenerated based on official data submitted to the Financial Supervisory Service’s DART system.
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