Fact Source: Financial Supervisory Service DART / 2025-04-30
Disclosure Type: Sales and Supply Contract Decision
💡 Summary in 3 Seconds
Hanwha Systems has signed a supply contract worth KRW 131.5B with the Agency for Defense Development (ADD) for the long-range artillery interception system radar prototype.
📊 1. [Key Disclosure Details & Financial Highlights]
- Contract Title: Long-Range Artillery Interception System Development Radar Prototype (Other Sales/Supply Contract)
- Contract Amount: KRW 131,500,000,000 (VAT included / approx. KRW 131.5B)
- Financial Proportion: Equivalent to 4.69% of recent annual consolidated revenue (KRW 2.80T for 2024)
- Counterparty: Agency for Defense Development (ADD)
- Sales/Supply Region: Republic of Korea
- Contract Period: April 30, 2025 – November 30, 2028 (approx. 3 years and 7 months)
- Key Terms: Down payment/advance payment included; payments processed according to regulations on advance and interim payments in the defense industry
- Contract Date: April 30, 2025
- Other Notes: Contract amount and period are subject to change based on execution progress.
📈 2. [Professional Insight: What This Means for Investors]
This filing details a sales and supply contract awarded to Hanwha Systems by the Agency for Defense Development. The contract value of KRW 131.5B represents 4.69% of Hanwha Systems’ 2024 consolidated revenue.
The contract term spans approximately 3 years and 7 months, running from April 30, 2025 to November 30, 2028. As stated in the official filing, the specified terms, including the contract value and duration, remain subject to potential adjustments depending on project progress.
📝 Editor’s Comment (by K-STOCK Editor)
The objective fact established in this disclosure is that Hanwha Systems secured a radar prototype supply contract equivalent to 4.69% of its recent annual revenue, with a fulfillment timeline extending through November 30, 2028.
Moving forward, the primary objective checkpoints for investors are monitoring any contract modification filings during the 3-year and 7-month term and tracking execution through the scheduled completion date. As the filing explicitly notes potential adjustments to value and duration, observing implementation progress remains essential.
📢 Disclaimer & Source Notice
Source: This content was newly structured and written based on official data submitted to the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Risk Warning: This content is provided solely for informational and educational purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any specific stock. All investment decisions and financial responsibilities rest entirely with the individual investor.
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