Source Facts: Financial Supervisory Service DART / 2024-11-15
Disclosure Type: Sales and Supply Contract
💡 3-Second Summary
Hanwha Aerospace has secured a KRW 343.0B contract with DAPA for the 3rd mass production of the 230mm-class Multiple Launch Rocket System (Launcher and Ammunition Resupply Vehicle), representing 3.66% of its 2023 revenue.
📊 1. Key Disclosure Details & Major Figures
- Contract Category & Title: Goods Supply / 230mm-class Multiple Launch Rocket System 3rd Mass Production (Launcher and Ammunition Resupply Vehicle)
- Contract Value: KRW 342,971,650,000 (approx. KRW 342.97B)
- Ratio to Recent Revenue: 3.66% (compared to 2023 consolidated revenue of KRW 9,359,005,981,309)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Republic of Korea
- Contract Period: November 15, 2024 – December 20, 2026
- Contract Date: November 15, 2024
📈 2. Expert Perspective: What This Disclosure Means for Investors
This disclosure confirms an official defense supply contract between Hanwha Aerospace and DAPA for launch vehicles and ammunition resupply vehicles under the 3rd mass production run of the 230mm-class Multiple Launch Rocket System. The contract value of approximately KRW 343.0B represents 3.66% of the company’s 2023 consolidated revenue.
With execution spanning roughly two years and one month (ending December 2026), the contract supports steady backlog conversion for the land systems division. Market participants can monitor this filing to track multi-year delivery execution and potential contract parameter adjustments.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Aerospace has formalized a KRW 343.0B manufacturing agreement with DAPA, securing production volume for the 230mm-class Multiple Launch Rocket System 3rd mass production program.
Moving forward, key observation points include tracking execution progress toward the December 2026 completion date and its incremental contribution to land system revenues. Investors may also monitor subsequent regulatory filings for any potential contract value or schedule adjustments over the project lifecycle.
📢 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.
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