Fact Source: Financial Supervisory Service DART / 2025-12-30
Disclosure Type: Supply Contract Signing (Corrected Report)
💡 3-Second Summary
Hanwha Systems has filed a corrected report regarding its supply contract with the Defense Acquisition Program Administration (DAPA) for “Military Satellite Communication System II and 36 other items,” updating the contract end date from July 31, 2026, to December 4, 2026.
📊 1. [Key Disclosure Contents & Summary Metrics]
- Reason for Correction: Change in contract period (extension of completion date)
- Amendment Details: Contract end date revised from July 31, 2026, to December 4, 2026 (Start date: September 15, 2021)
- Date of Correction: December 24, 2025
- Contract Name: Military Satellite Communication System II and 36 other items (Other Supply Contract)
- Contract Amount: KRW 369,543,345,378 (Approx. KRW 369.5B / Zero-rated VAT)
- Ratio to Recent Revenue: 22.5% (Based on FY2020 consolidated annual revenue of KRW 1.643T at the time of initial filing)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Domestic (Republic of Korea)
- Initial Filing Date: September 15, 2021 (Previous amendment filing date: August 27, 2025)
- Contract (Order) Date: September 15, 2021
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing is a regulatory correction notice providing an update on the contract period for a KRW 369.5B military satellite communication supply contract originally disclosed in September 2021.
The disclosure reflects an updated end date of December 4, 2026, with other contract parameters remaining as previously reported. As the document notes that contract amounts and terms remain subject to potential changes based on ongoing progress, market participants can reference the revised completion date as disclosed.
📝 Editor’s Comment (by K-STOCK Editor)
A corrected supply contract disclosure provides administrative notifications regarding modifications to previously disclosed contract terms or schedules. This specific filing confirms the revised contract end date of December 4, 2026, for the military satellite communication system contract.
For readers, the primary point of reference is noting the updated end date of December 4, 2026, as presented in the filing. Monitoring for any subsequent regulatory amendments regarding further changes to contract terms serves as the standard follow-up 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).
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