Source Fact: Financial Supervisory Service DART / 2024-04-12
Disclosure Type: Sales and Supply Contract Realization (Corrected Report)
💡 3-Second Summary
Hanwha Aerospace filed a corrected disclosure regarding its KRW 172.6 billion supply contract with DAPA for TA-50 Block2 engines and 7 other items, updating the contract end date due to delivery delays.
📊 1. [Key Disclosure Content & Key Figures Summary]
- Target Company: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
- Reason for Correction: Amendment of delivery schedule due to delivery delay
- Original Filing Submission Date: December 30, 2019
- Corrected Items:
- Contract End Date: Adjusted from April 15, 2024 to undecided (-)
- Core Contract Details (Unchanged):
- Contract Title: TA-50 Block2 Engine and 7 Other Items (Goods Supply)
- Contract Amount: KRW 172,602,300,000 (approx. KRW 172.6B)
- Recent Annual Revenue: KRW 4,453,176,623,308 (approx. KRW 4.45T, based on 2018 consolidated statements at contract execution)
- Contract Ratio to Revenue: 3.88%
- Large-scale Corporation Status: Applicable
- Contract Counterparty: Defense Acquisition Program Administration (DAPA)
- Sales & Supply Territory: Republic of Korea
- Key Terms: Supply contract for TA-50 engines, spare APUs, and follow-up logistics support
- Contract (Order) Date & Start Date: December 27, 2019
📈 2. [Expert Insight: What This Disclosure Means for Investors]
This filing is a corrected report regarding the KRW 172.6 billion supply contract for TA-50 Block2 engines and related components signed with DAPA in December 2019.
According to the text, due to delivery schedule delays during execution, the contract completion date previously set for April 15, 2024, has been adjusted. Total contract value (KRW 172.6B) and underlying terms with DAPA remain unchanged, making this an administrative update to reflect the timeline adjustment. Market participants should note the delivery delay and monitor for subsequent corrected filings once the revised final delivery deadline is confirmed.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Aerospace has submitted a corrected disclosure regarding its TA-50 Block2 engine supply agreement with DAPA, citing delivery delays as the reason for schedule modification.
From an analytical standpoint, the main focus is confirming that the total contract value (KRW 172.6B) remains unaffected despite the schedule adjustment. Furthermore, tracking subsequent corrected disclosures that re-establish the final delivery completion date remains an essential factual checkpoint.
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Source: This content was newly structured and created based on official data submitted to the Financial Supervisory Service’s DART system.
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