Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace signed a guided weapons supply contract with the Ministry of Defense of a Middle Eastern country valued at approximately KRW 402.36B (3.58% of 2024 annual sales).
📊 [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: 2025-08-18
- Contract Type: Goods Supply
[Contract Details & Scale]
- 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%
- Large Corporation Status: Applicable
[Counterparty & Terms]
- Contracting Party: Ministry of Defense of a Middle Eastern country
- Relationship with the Company: None (-)
- Sales/Supply Territory: Middle Eastern country
- Contract Date: 2025-08-14
- Contract Start Date: 2025-08-14
- Contract End Date: Unstated (-) (36 months from L/C issuance date)
- Key Payment Terms:
- Advance Payment: 10% upon submission of bank guarantee
- Interim Payment: 85% upon delivery to final destination
- Balance: 5% upon submission of final documentation
[Other Key Considerations]
- Currency Conversion Basis: Includes foreign currency transactions converted at 1,383.80 KRW/USD base rate as of Aug 14, 2025
- Contract terms including amount and period are subject to change during execution.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of L/C Issuance, Fixed Period, and Delivery Execution
This disclosure covers a guided weapons supply agreement with a Middle Eastern Ministry of Defense, where the contract period is set for 36 months starting from the issuance of the Letter of Credit (L/C). Monitoring the official confirmation of the contract end date upon L/C establishment, along with stage-by-stage payments (10% advance, 85% interim upon delivery, 5% 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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