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[Disclosure] Hanwha Aerospace (012450) – Supply Contract / 2025-04-07

Posted on April 7, 2025August 10, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Hanwha Aerospace has signed a supply contract worth approximately KRW 402.6B with Poland’s Huta Stalowa Wola S.A. for the export of K9 self-propelled howitzer chassis.

📊 [Key Disclosure Contents & Major Financial Figures]

1. Contract Details

  • Contract Type: Product Supply
  • Contract Name: Poland K9 Self-Propelled Howitzer Chassis Export Project
  • Contract Partner: Huta Stalowa Wola S.A.
  • Sales/Supply Region: Poland

2. Contract Amount & Proportion to Revenue

  • Contract Amount: KRW 402,572,210,000 (KRW 402.57B)
  • Recent Annual Revenue: KRW 11,240,121,484,118 (2024 Consolidated Revenue)
  • Proportion to Revenue: 3.58%
  • Large Corporation Status: Applicable

3. Contract Terms & Duration

  • Contract Period: April 07, 2025 – December 31, 2031
  • Contract Date: April 07, 2025
  • Payment Terms:
    • (Advance Payment) 30% of total contract amount (payable after confirmation of advance payment guarantee and performance guarantee)
    • (Remaining Balance) Paid according to the delivery schedule upon acceptance of delivered quantities

4. Other Key Matters

  • The contract amount includes foreign currency transactions, converted into KRW using the Seoul Money Brokerage base exchange rate of 1,439.30 KRW/USD as of April 07, 2025.
  • Contract period and amount are subject to change during project execution.

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

📌 Verification of Order Backlog and Revenue Recognition Progress

This disclosure covers a long-term supply agreement for K9 chassis through 2031. Tracking whether advance payments (30%) and milestone-based balance settlements proceed as scheduled is important for understanding how this contract transitions into actual earnings and cash flow over time. Corresponding progress and changes in order backlog can be verified in the ‘Business Description (Order Status)’ and financial statement footnotes of future periodic reports (Quarterly, Half-Year, or Annual Reports).

📢 Disclaimer and Source Notice

Source: This content was newly generated and structured based on official data filed with the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).

Investment Risk Warning: This material is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial responsibilities rest entirely with the investor.

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

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