Source Fact: Financial Supervisory Service DART / 2024-06-25
Disclosure Type: Sales and Supply Contract Realization
💡 3-Second Summary
Hanwha Aerospace has signed a supply contract worth KRW 556.18 billion—representing 5.94% of its recent annual revenue—with the Defense Acquisition Program Administration (DAPA) for KF-21 initial production engines.
📊 1. [Key Disclosure Content & Key Figures Summary]
- Target Company: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
- Contract Title: KF-21 Initial Mass Production Engines (Goods Supply)
- Key Contract Figures:
- Contract Amount: KRW 556,186,000,000 (KRW 556.18B)
- Recent Annual Revenue: KRW 9,359,005,981,309 (approx. KRW 9.35T, based on 2023 consolidated statements)
- Contract Ratio to Revenue: 5.94%
- Large-scale Corporation Status: Applicable
- Contract Counterparty: Defense Acquisition Program Administration (DAPA)
- Sales & Supply Territory: Republic of Korea
- Key Terms: Supply contract for engines related to KF-21 initial mass production
- Contract Period: June 25, 2024 – December 15, 2027 (approx. 3.5 years)
- Contract (Order) Date: June 25, 2024
- Important Notes: Contract terms including period and amount are subject to potential adjustments during execution, with corrected filings to be issued upon major changes.
📈 2. [Expert Insight: What This Disclosure Means for Investors]
This filing discloses a formal sales and supply agreement awarded to Hanwha Aerospace by South Korea’s Defense Acquisition Program Administration (DAPA) for manufacturing engines for the KF-21 fighter jet’s initial production phase.
The total contract value is KRW 556.18 billion, accounting for 5.94% of the company’s 2023 consolidated revenue, with the delivery period spanning approximately 3.5 years through December 15, 2027. As engine production and delivery progress alongside the KF-21 mass production schedule, contract revenues are likely to be recognized in financial statements sequentially. Investors can track execution progress and monitor for any corrective disclosures regarding potential adjustments to contract schedules or values.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Aerospace has secured a supply contract with DAPA valued at KRW 556.18B (5.94% of revenue) for KF-21 initial mass production engines. The order was executed on June 25, 2024, with contract fulfillment running through December 15, 2027.
From an analytical standpoint, key items to monitor include the sequential delivery timeline and revenue realization through December 2027. Furthermore, tracking whether any amendments to contract terms trigger corrective disclosures during the execution phase remains an essential factual variable.
📢 Disclaimer & Source Notice
Source: This content was newly structured and created based on official data submitted to the Financial Supervisory Service’s DART system.
Investment Risk Warning: This content is provided for informational and language reference purposes only. 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.
