Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Aerospace filed a corrective disclosure revealing previously withheld details for its KRW 436.59B defense export agreement for ‘Chunmoo’ rocket systems to Estonia via KOTRA, following the expiration of its confidentiality non-disclosure period.
📊 [Key Disclosure Contents & Summary of Figures]
- Company Name: Hanwha Aerospace Co., Ltd. (Stock Code: 012450)
- Disclosure Type: (Correction) Execution of Single Sales or Supply Contract
- Disclosure Date: 2025-12-22
- Original Disclosure Filing: Execution of Single Sales or Supply Contract (Original Submission Date: 2025-12-16)
- Reason for Correction: Lift of disclosure withholding grounds (Expiration of confidentiality period)
[Correction Details & Revealed Key Terms]
- Contract Name: (Before Correction) Withheld (-) → (After Correction) Defense Export Implementation Agreement
- Contract Amount: (Before Correction) Withheld (-) → (After Correction) KRW 436,585,124,304 (Approx. KRW 436.59B)
- Recent Annual Sales: KRW 11,240,121,484,118 (Based on FY2024 consolidated sales)
- Ratio to Recent Sales: (Before Correction) Withheld (-) → (After Correction) 3.88%
- Contracting Party: (Before Correction) Withheld (-) → (After Correction) Korea Trade-Investment Promotion Agency (KOTRA)
- Sales/Supply Territory: (Before Correction) Withheld (-) → (After Correction) Estonia
- Contract Period: (Before Correction) Withheld (-) → (After Correction) 2025-12-15 ~ 2030-12-20
[Contract Structure & Key Terms]
- Contract Type: Goods Supply
- Contract Date: 2025-12-15
- Agreement Structure: Government-to-Government (G2G) export arrangement requested by Estonia; Hanwha Aerospace participates in KOTRA’s export contract for Chunmoo multiple launch rocket systems with the Estonian government.
- Key Conditions: Advance/Down payment included (Yes)
- Large Corporation Status: Applicable
[Other Key Considerations]
- Applied Exchange Rate: 1,728.72 KRW/EUR base rate as of Dec 15, 2025
- Note: Contract terms including amount and period are subject to change during execution
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Unsealed Contract Details and G2G Implementation Progress
This corrective filing discloses key contractual terms—including the counterparty, territory, and contract amount—that were previously withheld due to business confidentiality. Verifying the terms under this Government-to-Government (G2G) Chunmoo export arrangement with Estonia and tracking implementation progress through December 2030 are essential to understanding the fulfillment of this agreement. Investors can confirm further details in subsequent disclosures and upcoming periodic filings (Annual, Half-Year, or Quarterly Reports).
📢 Disclaimer and Source Information
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