Source Facts: Financial Supervisory Service DART / 2024-11-25
Disclosure Type: Sales and Supply Contract
💡 3-Second Summary
Hanwha Aerospace has secured a KRW 473.1B supply contract with Korea Aerospace Industries (KAI) for 17 types of initial mass production components for the KF-21, representing 5.06% of its 2023 revenue.
📊 1. Key Disclosure Details & Major Figures
- Contract Category & Title: Goods Supply / Supply Contract for 17 Types of Initial Mass Production Components for KF-21
- Contract Value: KRW 473,098,793,200 (approx. KRW 473.10B)
- Ratio to Recent Revenue: 5.06% (compared to 2023 consolidated revenue of KRW 9,359,005,981,309)
- Counterparty: Korea Aerospace Industries, Ltd. (KAI)
- Supply Region: Republic of Korea
- Contract Period: November 25, 2024 – June 30, 2028
- Key Terms: Single supply contract for 17 types of aircraft components
- Contract Date: November 25, 2024
📈 2. Expert Perspective: What This Disclosure Means for Investors
This disclosure confirms an official defense and aerospace supply agreement between Hanwha Aerospace and Korea Aerospace Industries (KAI) for 17 component types dedicated to the initial mass production run of the KF-21 fighter aircraft. The contract value of approximately KRW 473.1B equals 5.06% of the company’s 2023 consolidated revenue.
Because the execution window covers roughly three years and seven months (ending June 2028), revenue recognition will be distributed long-term across the manufacturing timeline. Market participants can monitor this filing as a key backlog execution driver while tracking potential future amendments regarding delivery timelines or contract values.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Aerospace has finalized a KRW 473.1B manufacturing agreement with KAI, securing initial mass production volume for the national KF-21 fighter program.
Moving forward, key observation points include tracking the multi-year production rollout leading up to the June 2028 completion date and its incremental contribution to the aerospace unit’s financial results. Investors may also monitor subsequent regulatory filings to confirm if any contractual parameter adjustments occur over the project life cycle.
📢 Disclaimer & Source Notice
Source: This content was structured and newly compiled based on official data submitted to the Financial Supervisory Service’s DART system.
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.
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