Source Facts: Financial Supervisory Service DART / 2024-12-26
Disclosure Type: Sales and Supply Contract
💡 3-Second Summary
Hanwha Aerospace has secured a KRW 318.4B mass production contract with LIG Nex1 for SA-MSAM Project Tannae Components and Launch Tubes, representing 3.40% of its 2023 revenue.
📊 1. Key Disclosure Details & Major Figures
- Contract Category & Title: Goods Supply / Mass Production of SA-MSAM Project Tannae Components and Launch Tubes
- Contract Value: KRW 318,430,283,171 (approx. KRW 318.43B)
- Ratio to Recent Revenue: 3.40% (compared to 2023 consolidated revenue of KRW 9,359,005,981,309)
- Counterparty: LIG Nex1 Co., Ltd.
- Supply Region: Republic of Korea
- Contract Period: December 24, 2024 – April 10, 2031
- Key Terms: Advance payments included / Payment due within 45 days post-delivery and monthly settlement
- Contract Date: December 24, 2024
📈 2. Expert Perspective: What This Disclosure Means for Investors
This disclosure confirms an official defense supply agreement between Hanwha Aerospace and LIG Nex1 for the mass production of SA-MSAM project Tannae components and launch tubes. The contract value of approximately KRW 318.4B equals 3.40% of the company’s 2023 consolidated revenue.
Because the delivery schedule spans over six years (ending April 2031), revenue recognition will be distributed long-term across the contract execution period. Investors can monitor the filing as a driver of multi-year backlog visibility while tracking whether future amendments arise regarding delivery timelines or contract terms.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Aerospace has formalized a KRW 318.4B defense production agreement with LIG Nex1, securing long-term manufacturing volume for SA-MSAM project Tannae components and launch tubes.
Moving forward, key observation points include tracking the multi-year delivery execution leading up to the April 2031 completion date and its incremental contribution to quarterly performance. Investors may also cross-reference future filings to confirm if any adjustments to contract value or schedule occur during execution.
📢 Disclaimer & Source Notice
Source: This content was structured and newly compiled based on official data submitted to the Financial Supervisory Service’s DART system.
Investment Risk Notice: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
