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[Disclosure] Hanwha Aerospace (012450) – Other Management Matters / 2025-04-30

Posted on April 30, 2025August 10, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Hanwha Aerospace re-disclosed a contract transfer for the ‘CBRN Reconnaissance Vehicle-II (Wheeled) follow-up production and 53 other items’ (approx. KRW 686.0B) with the Defense Acquisition Program Administration, reflecting a contract counterparty change following its merger with Hanwha Defense Corporation.

📊 [Key Disclosure Contents & Major Figures Summary]

  • Target Company: Hanwha Aerospace (012450)
  • Disclosure Type: Other Management Matters (Voluntary Disclosure) (Initial Filing Date: December 28, 2021)
  • Reason for Change: Transfer of contract entity to Hanwha Aerospace following the merger with Hanwha Defense Corporation (November 2022) and execution of a revised contract

Contract Details

  • Contract Title: CBRN Reconnaissance Vehicle-II (Wheeled) follow-up production and 53 other items
  • Contract Value: KRW 685,983,585,637 (KRW 685.98B)
  • Recent Annual Revenue (2020 Consolidated): KRW 5,321,444,270,673 (KRW 5.321T)
  • Contract Value to Revenue Ratio: 12.9%
  • Contracting Counterparty: Defense Acquisition Program Administration (DAPA)
  • Sales & Supply Region: Republic of Korea
  • Contract Period: December 27, 2021 – December 31, 2027
  • Decision/Confirmation Date: April 30, 2025
  • Other Remarks: Contract period and amount are subject to change during execution

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Contract Entity Transfer and Key Terms Following Merger

This disclosure provides notice regarding the transfer of contract entity to Hanwha Aerospace through a revised contract following its merger with Hanwha Defense Corporation in November 2022. Checking the contract terms valued at approximately KRW 686.0B (12.9% of 2020 consolidated annual revenue) along with the contract period running through December 31, 2027, is necessary for understanding the contract structure. Relevant details can be verified in the submitted disclosure filing and prior official disclosures such as the voluntary disclosure dated December 28, 2021.

📢 Risk Disclaimer & Source Notice

Source: This content was structured and generated based on official disclosure data from the Financial Supervisory Service DART system.

Investment Risk Warning: This material is provided solely for informational and educational purposes. Under no circumstances does it constitute financial advice, investment recommendations, or solicitation to buy or sell securities. All investment decisions and financial liabilities remain entirely with the investor.

Inquiries: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.

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