Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth approx. KRW 82.2B with its largest shareholder, Hanwha Aerospace, for ‘Automatic Fire Control System and C2 System for Egypt K9/K11’. This represents 3.35% of its recent annual revenue, covering the period from December 26, 2024, to December 29, 2028.
📊 [Key Disclosure Details & Financial Highlights]
- Contract Details
- Contract Type: Other Sales / Supply Contract
- Contract Title: Supply Contract for Automatic Fire Control System and C2 System for Egypt K9/K11
- Contract Value: KRW 82,231,628,944 (approx. KRW 82.2B / VAT included)
- Recent Annual Revenue (2023 Consolidated): KRW 2,453,079,541,922
- Contract-to-Revenue Ratio: 3.35%
- Large Scale Corporation Classification: Applicable
- Contracting Party & Region
- Counterparty: Hanwha Aerospace Co., Ltd.
- Relationship with Company: Largest Shareholder
- Sales/Supply Region: Domestic
- Contract Period & Payment Terms
- Contract Period: December 26, 2024 ~ December 29, 2028
- Contract Signing Date: December 26, 2024
- Payment Terms:
- Down Payment / Advance Payment: Yes
- Payment Schedule: 90-day promissory note
- Other Important Matters
- Contract value and period are subject to change depending on project progress.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Project Progress and Potential Changes in Contract Terms
This disclosure reports a supply contract signed with Hanwha Aerospace, covering the period through December 29, 2028. Tracking project progress during the contract period and monitoring potential subsequent amendments to contract value or period serve as key follow-up checkpoints. Related progress can be reviewed in future periodic filings and disclosures.
📢 Disclaimer & Source Information
Source: This content was structured and generated based on official filings from the Financial Supervisory Service’s DART system.
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