Fact Source: Financial Supervisory Service DART / 2025-12-24
Disclosure Type: Supply Contract Signing
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth KRW 93.7B with the Defense Acquisition Program Administration (DAPA) for the “Combined Command and Control System (AKJCCS) Performance Improvement System Development.” The contract period spans from December 23, 2025, to December 26, 2029.
📊 1. [Key Disclosure Contents & Summary Metrics]
- Contract Type: Other Supply Contract
- Contract Name: Combined Command and Control System (AKJCCS) Performance Improvement System Development
- Contract Amount: KRW 93,689,863,636 (Approx. KRW 93.7B / Exclusive of VAT)
- Ratio to Recent Revenue: 3.34% (Based on FY2024 consolidated annual revenue of KRW 2.804T)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Republic of Korea
- Contract Period: December 23, 2025 – December 26, 2029 (Approx. 4 years)
- Contract (Order) Date: December 23, 2025
- Payment Terms: Payments structured under the regulations on advance and interim payments for the defense industry (Advance payments included)
- Important Notes: Contract amount and duration remain subject to change depending on project progress
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing discloses a formal supply contract signed by Hanwha Systems with DAPA for the “Combined Command and Control System (AKJCCS) Performance Improvement System Development” project.
The document lists the contract value at KRW 93.7B (excluding VAT), representing 3.34% of the company’s FY2024 consolidated revenue. The execution period extends across approximately four years, ending on December 26, 2029. As noted in the filing that contract amounts and schedules remain subject to adjustments based on operational progress, market participants can reference the disclosed numerical parameters as presented.
📝 Editor’s Comment (by K-STOCK Editor)
A supply contract disclosure provides regulatory confirmation regarding newly awarded order contracts, specifying transaction values, counterparties, and completion schedules. This filing confirms the new defense development contract awarded by DAPA.
For readers, the primary follow-up checkpoint is observing project execution through to the contract completion date of December 26, 2029. Monitoring subsequent regulatory disclosures for any potential contract amendments serves as the standard follow-up approach.
📢 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.
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