Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace filed a corrective disclosure specifying the end date of its KRW 402.36B guided weapons supply contract with a Middle Eastern Ministry of Defense as October 7, 2028, following the issuance of the Letter of Credit (L/C).
📊 [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: 2025-10-10
- Original Disclosure Filing: Execution of Single Sales or Supply Contract (Original Submission Date: 2025-08-18)
- Reason for Correction: Amendment of contract period following L/C issuance
[Correction Details]
- Contract End Date: (Before Correction) Unstated (-) → (After Correction) 2028-10-07 (36 months from L/C issuance date)
[Key Contract Details & Payment Terms]
- Contract Type: Goods Supply
- Contract Name: Guided Weapons Supply Contract
- Contract Amount: KRW 402,358,442,737 (Approx. KRW 402.36B)
- Recent Annual Sales: KRW 11,240,121,484,118 (Based on FY2024 consolidated sales)
- Ratio to Recent Sales: 3.58%
- Contracting Party: Ministry of Defense of a Middle Eastern country
- Sales/Supply Territory: Middle Eastern country
- Contract Date: 2025-08-14
- Contract Period: 2025-08-14 ~ 2028-10-07
- Key Payment Terms:
- Advance Payment: 10% upon submission of bank guarantee
- Interim Payment: 85% upon delivery to the final destination
- Balance: 5% upon submission of final documentation
[Other Key Considerations]
- Currency Conversion Basis: Applied 1,383.80 KRW/USD base rate as of August 14, 2025
- Contract terms including amount and period are subject to change during execution.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Fixed Contract Period and Delivery Progress
This corrective filing formally specifies the contract end date as October 7, 2028, following the issuance of the Letter of Credit (L/C) for the guided weapons supply agreement with a Middle Eastern Ministry of Defense. As the contractual timeline is now established, monitoring delivery execution and installment collection (10% advance, 85% interim upon delivery, 5% final balance) is essential to tracking the fulfillment of this agreement. 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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