Fact Source: Financial Supervisory Service DART / 2026-03-31
Disclosure Type: Supply Contract Signing
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth KRW 182.5B with the Defense Acquisition Program Administration (DAPA) for the “Surface Ship Combat System PBL,” running for 5 years from March 31, 2026, to March 31, 2031.
📊 1. [Key Disclosure Contents & Summary Metrics]
- Contract Name: Surface Ship Combat System Performance-Based Logistics (PBL) (Other Supply Contract)
- Contract Amount: KRW 182,489,690,976 (Approx. KRW 182.5B / Exclusive of VAT)
- Ratio to Recent Revenue: 6.51% (Based on 2024 consolidated annual revenue of KRW 2.804T)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Republic of Korea
- Contract Period: March 31, 2026 – March 31, 2031 (5 years)
- Key Contract Terms:
- Advance Payment Status: Yes (Present)
- Payment Terms: Payments according to regulations on advance and interim payments in the defense industry
- Contract (Order) Date: March 31, 2026
- Important Notes: Contract amount and contract period are subject to change depending on progress
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing details a supply agreement between Hanwha Systems and DAPA valued at KRW 182.5B, representing 6.51% of the company’s 2024 consolidated annual revenue.
The transaction is structured as a 5-year contract spanning from 2026 through 2031. The disclosure explicitly states that payment will be administered under standard defense industry rules governing advance and interim disbursements. As the document notes that the total contract value and timeline remain subject to adjustments based on project execution, market participants can track future progress and potential regulatory amendments.
📝 Editor’s Comment (by K-STOCK Editor)
A supply contract disclosure provides factual contractual parameters, including the total contract value, counterparty, payment provisions, and execution timeframe. This filing records a contract size of KRW 182.5B (excluding VAT) with advance payment terms included under defense industry rules.
For readers, the primary follow-up checkpoint is tracking whether any contract modifications occur during the 5-year execution window ending March 31, 2031. As noted under the disclosure’s important notes, observing future periodic financial reports and potential amendment filings regarding adjustments to the contract amount or duration will serve as the verification step.
📢 Disclaimer & Source Notice
Source: This content was structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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 securities. All investment decisions and financial responsibilities rest solely with the investor.
Contact: For compliance inquiries or copyright concerns, please contact ksb220805@gmail.com.
