Source Facts: Financial Supervisory Service Electronic Disclosure System (DART) / 2026-04-01
Disclosure Type: Signing of a Single Sales/Supply Contract
💡 3-Second Summary
This disclosure states that Hanwha Aerospace has signed a license agreement worth approximately KRW 341B with its subsidiary, Hanwha WB Advanced System sp.z o.o., to execute the Poland Chunmoo guided missile export contract.
📊 1. [Summary of Core Disclosure Content and Major Figures]
- Contract Category: Other Sales/Supply Contract (License Agreement)
- Contract Amount: KRW 341,007,303,040 (Approx. KRW 341B)
- Converted into KRW based on the Seoul Money Brokerage standard exchange rate of 1,513.40 KRW/USD as of March 31, 2026.
- Ratio to Recent Sales: 3.03% (Based on Hanwha Aerospace’s 2024 consolidated annual revenue of KRW 11,240,121,484,118)
- Contract Counterparty: Hanwha WB Advanced System sp.z o.o. (Subsidiary of Hanwha Aerospace)
- Sales/Supply Region: Poland
- Contract Period: March 31, 2026 – October 30, 2033
- Contract (Order) Date: March 31, 2026
- Key Payment Terms:
- There is no advance payment or contract deposit.
- Payments will be collected based on a certain percentage of revenue, and the payout will be made within 30 days from the invoice issuance date.
- Structural Specifications and Background:
- This filing is a follow-up to the “Major Management Matters Related to Investment Judgment” disclosure filed on March 23, 2026.
- In December 2025, Hanwha Aerospace formed a consortium with its subsidiary, Hanwha WB Advanced System sp.z o.o., and signed the 3rd execution contract with the Polish Armaments Agency worth approximately KRW 4.6T (excluding VAT) for Chunmoo guided missiles. This specific contract is a follow-up agreement signed with Hanwha WB Advanced System sp.z o.o. to fulfill that export contract.
- The aforementioned contract period and amount are subject to change during the execution process.
📈 2. [Expert View: What This Disclosure Means for Investors]
This announcement represents a sales and supply contract directly linked to the company’s financial figures and execution timeline. Rather than a direct agreement with an external third party, it is structured as an internal license contract with Hanwha WB Advanced System sp.z o.o., a subsidiary and a member of the company’s established consortium. The contract value stands at approximately KRW 341B, which represents 3.03% of the company’s 2024 consolidated revenue.
Since the contract period spans from March 31, 2026, to October 30, 2033, covering approximately seven years and seven months, the project is expected to proceed long-term based on the payment terms specified in the disclosure. The payment structure dictates that there is no advance payment, and the funds will be collected as a percentage of revenue within 30 days of invoice issuance. However, because the text explicitly notes that the overall duration and total financial figures are subject to change during the process, investors may need to remain aware of potential adjustments over time.
📝 Editor’s Comment (by K-STOCK Editor)
This announcement details the follow-up license agreement worth approximately KRW 341B signed between Hanwha Aerospace and its subsidiary to facilitate the KRW 4.6T Chunmoo guided missile 3rd execution contract finalized with the Polish Armaments Agency in December 2025. The key variables that investors must monitor going forward are the ‘potential variability of contract terms’ and the ‘execution of the designated payment schedule’ as explicitly outlined in the disclosure text.
As specified in the source text, this contract contains uncertainties, as the overall duration and total amount may change during the execution process. Consequently, investors should closely monitor whether any subsequent regulatory amendments regarding modified terms are filed. Furthermore, verifying whether the payment terms based on a percentage of revenue and subsequent settlements scheduled within 30 days of invoice issuance are fulfilled according to the contract clauses will serve as the primary verification requirement.
📢 Disclaimer and Source Information
Source: This content has been structured and newly written based on the official data submitted to the Financial Supervisory Service Electronic Disclosure System (DART).
Investment Risk Notice: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
Contact: For inquiries regarding compliance or copyright requests, please contact ksb220805@gmail.com.
