Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean has entered into a contract worth approximately KRW 838.0B with the Defense Acquisition Program Administration (DAPA) for the KDDX Detailed Design and Lead Ship Construction Project, representing 6.6% of its recent annual revenue.
📊 [Key Disclosure Details & Financial Figures]
- Contract Title: KDDX Detailed Design and Lead Ship Construction Project
- Contract Type: Construction Order
- Contract Amount: KRW 838,000,000,000 (Approx. KRW 838.0B)
- Recent Annual Revenue: KRW 12,783,500,000,000 (Based on end-2025 consolidated financial statements, rounded to nearest 100M KRW)
- Ratio to Revenue: 6.6%
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Location: Republic of Korea
- Contract Period: July 31, 2026 ~ June 30, 2032
- Key Conditions:
- Down Payment / Advance Payment: Yes
- Payment Terms: Payment pursuant to the Defense Acquisition Program Act, Regulations on Payment of Advance and Interim Payments in the Defense Industry, and the Enforcement Decree of the Act on Contracts to Which the State Is a Party
- Contract (Order) Date: July 31, 2026
- Other Remarks: Contract period and final settlement amount are subject to change during construction
- Related Disclosure: 2026-07-02 Major Management Matters Related to Investment Decisions
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Project Execution and Potential Adjustments to Contract Period and Final Amount
This disclosure reports the receipt of a construction order valued at approximately KRW 838.0B from DAPA for the KDDX detailed design and lead ship construction project. Given the long-term nature of the project (contract period through June 2032) and the stipulation that contract duration and final settlement amounts may change during execution, tracking subsequent project progress and potential adjustments to contract terms is essential. Investors can verify further developments through subsequent disclosures as well as Quarterly, Half-Yearly, and Annual Reports.
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Source: This content was structured and newly generated based on official submission data from the Financial Supervisory Service DART system.
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