Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems filed a correction report regarding its sales and supply contract with the Defense Acquisition Program Administration (DAPA) worth approx. KRW 95.85B for the Air-Ground Communication Radio PIP Project (LYNX and 4 other types), extending the contract end date from December 31, 2027 to December 5, 2029.
📊 Key Disclosure Contents & Financial Figures
- Disclosure Title: Execution of Single Sales or Supply Contract (Correction Report)
- Reason for Correction: Amendment to contract period (end date) (Original disclosure filing date: Dec 6, 2023)
- Contract Classification: Other Sales/Supply Contract
- Contract Title: Air-Ground Communication Radio PIP Project (LYNX and 4 other types)
- Contract Details:
- Contract Amount: KRW 95,852,000,000 (approx. KRW 95.85B, VAT included)
- Recent Annual Revenue: KRW 2,188,002,345,349 (2022 consolidated basis)
- Ratio to Revenue: 4.38%
- Large Corporation Status: Yes
- Counterparty & Region:
- Contract Counterparty: Defense Acquisition Program Administration (DAPA) (Relationship: None)
- Sales/Supply Region: Domestic (Republic of Korea)
- Contract Period & Key Timeline:
- Corrected Contract Period: December 5, 2023 ~ December 5, 2029 (End date: Corrected from Dec 31, 2027 to Dec 5, 2029)
- Contract (Order) Date: December 5, 2023
- Other Important Matters: Contract amount and contract period are subject to change depending on project progress.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Contract Progress and Subsequent Modifications Following Period Extension
This correction disclosure reflects the extension of the contract end date for the Air-Ground Communication Radio PIP Project (LYNX and 4 other types) with DAPA to December 5, 2029. Monitoring whether any subsequent correction disclosures are filed regarding adjustments to the contract amount or period during the extended execution period is important to track project implementation through future disclosures and periodic reports.
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Source: This content was newly generated and structured based on official data submitted to the Financial Supervisory Service DART.
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