Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace has signed a defense export execution agreement worth approximately KRW 941.4 billion with KOTRA to fulfill a K9 self-propelled howitzer export contract with Finland.
📊 [Key Disclosure Details & Financial Metrics]
- Disclosure Title: Execution of Sales/Supply Contract
- Contract Type: Goods Supply
- Contract Name: Defense Export Execution Agreement
- Contract Amount: KRW 941,359,002,296 (Approx. KRW 941.4B / Converted at EUR/KRW exchange rate of 1,721.58 on April 9, 2026)
- Ratio to Recent Revenue: 3.53% (Based on consolidated 2025 revenue of KRW 26.70T)
- Contract Counterparty: Korea Trade-Investment Promotion Agency (KOTRA)
- Supply Region: Finland
- Contract Period: April 9, 2026 – December 31, 2034
- Key Payment Terms:
- Advance Payment: Approx. 9% of total contract amount payable within 60 days of signing
- Remaining Payments: Agreed amounts to be paid annually on February 15 through 2033
- Contract Date: April 9, 2026
- Transaction Structure & Notes: Agreement defining necessary terms for Hanwha Aerospace to execute the intergovernmental K9 howitzer export contract signed between KOTRA and the Finnish government (Schedule and final amount subject to potential adjustments)
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring advance payment execution and compliance with long-term contract schedules
This disclosure concerns an execution agreement tied to an intergovernmental K9 howitzer export contract between KOTRA and Finland. Verifying whether advance payments and scheduled annual contract terms proceed as outlined is essential to determining whether the transaction is being fulfilled according to plan. Future updates on contract execution can be verified in upcoming periodic filings (quarterly, half-yearly, or annual reports) and subsequent official disclosures.
📢 Disclaimer & Source Notice
Source: This content was structured and newly synthesized based on official data submitted to the Financial Supervisory Service (DART).
Investment Risk Warning: 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 liabilities rest entirely with the individual investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
