Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace signed a long-term contract worth approximately KRW 950.51B with Public Procurement Service (Demand Organization: Korea Aerospace Research Institute) for the overall main manufacturing of launch vehicles in the Next-Generation Launch Vehicle Development Project.
📊 Key Disclosure Contents & Financial Figures
- Disclosure Title: Single Sales or Supply Contract
- Contract Classification: Product Supply
- Contract Name: Overall Main Manufacturing of Launch Vehicles for Next-Generation Launch Vehicle Development Project
- Contract Amount: KRW 950,510,494,800 (approx. KRW 950.51B, including VAT)
- Recent Annual Revenue: KRW 9,359,005,981,309 (2023 consolidated revenue)
- Ratio to Revenue: 10.16%
- Large Corporation Status: Yes
- Counterparty: Public Procurement Service (Demand Organization: Korea Aerospace Research Institute)
- Supply Region: Republic of Korea
- Contract Period:
- Start Date: 2024-05-09
- End Date: 2032-12-31
- Main Terms:
- Long-term continuing contract (2024–2032)
- Total service booking amount: KRW 950,510,494,800 (Total period: 2024-05-09 ~ 2032-12-31)
- First tranche contract amount: KRW 2,710,000,000 (Period: 2024-05-09 ~ 2024-11-05)
- Subsequent tranche contracts will be signed within the remaining amount of KRW 947,800,494,800 according to the customer’s budget execution plan
- Contract Date: 2024-05-09
- Other Important Matters for Investment Decisions:
- The contract amount includes Value Added Tax (VAT).
- Recent annual revenue refers to Hanwha Aerospace’s consolidated revenue as of the end of 2023.
- The contract period and amount are subject to change during execution, and any major changes will be disclosed through corrected reports.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Subsequent Tranche Contract Executions under Long-term Structure
This contract is a long-term continuing agreement totaling approximately KRW 950.51B (10.16% of recent annual revenue) extending through the end of 2032. Beyond the first tranche amount of KRW 2.71B, monitoring whether subsequent tranche contracts are executed within the remaining balance (approx. KRW 947.80B) according to the client’s budget plan is important to track the actual execution progress of the project. Detailed updates can be verified in subsequent correction disclosures and periodic reports.
📢 Disclaimer & Source Notice
Source: This content was newly generated and structured based on official data submitted to the Financial Supervisory Service DART.
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