Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth approximately KRW 200.5B with the Agency for Defense Development (ADD) for the prototype multi-function radar for M-SAM Block-III system development.
📊 [Key Disclosure Contents & Summary of Key Figures]
- Contract Overview
- Contract Title: Prototype Multi-Function Radar for M-SAM Block-III System Development
- Contract Category: Other sales/supply contract
- Counterparty: Agency for Defense Development (ADD)
- Relationship with Company: None
- Sales/Supply Region: South Korea
- Contract Amount & Ratio to Revenue
- Contract Amount: KRW 200,563,636,365 (Approx. KRW 200.5B; excluding VAT)
- Recent Revenue: KRW 2,803,686,058,274 (Based on FY2024 consolidated financial statements)
- Ratio to Revenue: 7.15%
- Contract Period and Terms
- Contract Start Date: December 17, 2025
- Contract End Date: June 30, 2030
- Contract Execution Date: December 17, 2025
- Payment Terms: Payments pursuant to payment rules for advance and intermediate payments in defense industry (Down payment/Advance payment included)
- Other Notes: Contract amount and period are subject to change depending on progress
- Related Disclosures
- None
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Potential Changes to Contract Terms During Execution Period
This disclosure details a defense contract awarded by the Agency for Defense Development for the multi-function radar prototype of the M-SAM Block-III system development project. As the contract spans a long period until June 30, 2030, and the contract amount and period are noted as subject to change depending on project progress, verifying whether any subsequent amendments occur to the contract conditions is essential to tracking the finalized terms. Relevant updates can be checked through future periodic reports and corrected disclosures regarding single sales/supply contracts.
📢 Disclaimer & Source Notice
Source: This content was newly structured and created based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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