Fact Source: Financial Supervisory Service DART / 2024-08-09
Disclosure Type: Sales / Supply Contract
💡 Summary in 3 Seconds
Hanwha Systems has signed a supply contract worth KRW 83.97B (3.42% of 2023 revenue) with the Defense Acquisition Program Administration (DAPA) for ‘TOD-III Repair Parts PBL Project and 6 Other Items’, running through June 30, 2029.
📊 1. [Key Disclosure Details & Financial Highlights]
- Contract Name: TOD-III Repair Parts PBL Project and 6 Other Items (TOD-Ⅲ형 수리부속 PBL 사업 외 6항목)
- Contract Amount: KRW 83,971,000,000 (VAT included / approx. KRW 83.97B)
- Relative Size to Revenue: 3.42% (Based on 2023 consolidated annual revenue of KRW 2.45T)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Domestic
- Contract Period: August 9, 2024 ~ June 30, 2029 (approx. 4 years and 11 months)
- Contract Date: August 9, 2024
- Other Notes: Contract amount and duration remain subject to potential changes based on project progress.
📈 2. [Professional Insight: What This Means for Investors]
This filing details a sales and supply contract executed between Hanwha Systems and the Defense Acquisition Program Administration (DAPA). Financially, the contract value of KRW 83.97B (incl. VAT) represents 3.42% of Hanwha Systems’ 2023 consolidated annual revenue (approx. KRW 2.45T).
The contract spans approximately 4 years and 11 months, running from August 9, 2024 to June 30, 2029. The contract title is specified as ‘TOD-III Repair Parts PBL Project and 6 Other Items’, with provisions noting that contract terms and values remain subject to adjustments as project milestones progress over time.
📝 Editor’s Comment (by K-STOCK Editor)
Applied Style: Professional Insight
The objective fact established in this disclosure is that Hanwha Systems secured a KRW 83.97B contract with DAPA for ‘TOD-III Repair Parts PBL Project and 6 Other Items’, equivalent to 3.42% of its 2023 annual revenue.
Moving forward, the primary objective checkpoints for investors are tracking contract execution through June 30, 2029, and observing any subsequent regulatory amendment filings. As the disclosure notes that values and durations may shift depending on progress, monitoring project implementation remains the reference point.
📢 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).
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