Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace updated its TA-50 Block2 engine contract with the Defense Acquisition Program Administration, increasing the contract amount from KRW 172.6B to approximately KRW 181.14B upon the execution of a settlement agreement.
📊 [Key Disclosure Contents & Summary of Figures]
- Company Name: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
- Disclosure Type: (Correction) Execution of Single Sales or Supply Contract
- Disclosure Date: 2025-12-24
- Original Disclosure Filing: Execution of Single Sales or Supply Contract (Original Submission Date: 2019-12-30)
- Reason for Correction: Contract termination upon execution of settlement agreement
[Correction Details]
- Contract Amount: (Before Correction) KRW 172,602,300,000 → (After Correction) KRW 181,142,451,229 (Increase: +KRW 8,540,151,229)
- Ratio to Recent Sales: (Before Correction) 3.88% → (After Correction) 4.07%
- Contract End Date: (Before Correction) Unstated (-) → (After Correction) 2025-12-24
[Key Contract Details]
- Contract Type: Goods Supply
- Contract Name: TA-50 Block2 Engine and 7 Other Items
- Recent Annual Sales: KRW 4,453,176,623,308 (Based on FY2018 consolidated sales)
- Contracting Party: Defense Acquisition Program Administration (DAPA)
- Sales/Supply Territory: South Korea
- Contract Date: 2019-12-27
- Contract Period: 2019-12-27 ~ 2025-12-24
- Key Conditions: Advance/Down payment included (Yes)
[Other Key Considerations]
- Large Corporation Status: Applicable
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Final Settlement Agreement Terms and Contract Adjustments
This corrective disclosure reflects the execution of a settlement agreement with the Defense Acquisition Program Administration, updating the final contract value and setting the contract end date. Verifying the finalized settlement terms and contractual updates is essential to understanding the complete execution history of this contract. Investors can confirm further details in subsequent disclosures and upcoming periodic filings (Annual, Half-Year, or Quarterly Reports).
📢 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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