Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace signed a contract worth approximately KRW 1.38T with the Ministry of National Defense of Romania to supply K9 self-propelled howitzers, support equipment, and ammunition.
📊 Key Disclosure Contents & Financial Figures
- Disclosure Title: Single Sales or Supply Contract
- Contract Classification: Product Supply
- Contract Name: Romania K9 Self-Propelled Howitzer Supply Contract
- Contract Amount: KRW 1,382,776,395,729 (approx. KRW 1.38T)
- Recent Annual Revenue: KRW 9,359,005,981,309 (2023 consolidated revenue)
- Ratio to Revenue: 14.77%
- Large Corporation Status: Yes
- Counterparty: Ministry of National Defense of Romania (C.N. Romtehnica S.A.)
- Supply Region: Romania
- Contract Period:
- Start Date: 2024-07-09
- End Date: 2029-07-09
- Main Terms: Supply contract for K9 self-propelled howitzers, support equipment, ammunition, etc.
- Contract Date: 2024-07-09
- Other Important Matters for Investment Decisions:
- The contract amount is converted to KRW based on the basic exchange rate of Seoul Money Brokerage on the contract date (300.43 KRW/RON as of July 9, 2024).
- This filing serves as the final confirmation of the unconfirmed disclosures previously filed on Feb 26, Mar 25, and Jun 20, 2024 regarding rumors/reports on exporting K9 howitzers to Romania.
- Contract period and amount are subject to change during the execution process.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Revenue Recognition and Potential Changes in Contract Terms
This contract represents a major order accounting for 14.77% of the company’s recent annual revenue, with a contract period extending through July 2029. Monitoring whether any contract modifications occur regarding schedules or terms, as well as tracking how actual performance is reflected in financial results, is important to understand the financial impact on the company. Detailed progress can be verified in subsequent periodic filings and any future correction disclosures.
📢 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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