Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace has disclosed a supply contract with LIG Nex1 valued at approximately KRW 628.4B for the mass production of launchers under the SA-MSAM project.
📊 [Key Disclosure Contents & Major Financial Figures]
1. Contract Details and Value
- Contract Type: Other Supply Contract
- Contract Name: Mass production of launchers for the SA-MSAM project
- Contract Amount: KRW 628,398,197,081 (Approx. KRW 628.40B, converted at 1,449.30 KRW/USD as of Dec 24, 2024)
- Recent Annual Revenue: KRW 9,359,005,981,309 (Approx. KRW 9.36T, 2023 consolidated revenue)
- Proportion to Revenue: 6.71%
- Large Corporation Status: Applicable
2. Contract Partner and Key Terms
- Contract Partner: LIG Nex1 Co., Ltd.
- Supply Region: South Korea
- Contract Period: December 24, 2024 – March 31, 2034
- Contract Date: December 24, 2024
- Payment Terms: Advance payment included; payment within 45 days of supplier invoice following delivery and inspection completion
3. Other Details
- Contract schedule and financial terms are subject to change during project execution.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring Long-Term Mass Production Execution and Revenue Recognition
This disclosure details a long-term supply agreement with LIG Nex1 valued at approximately KRW 628.4B for launcher systems. As the delivery schedule extends through 2034, tracking smooth product deliveries and phased revenue recognition is important for evaluating the contract’s ongoing contribution. Detailed progress and potential term revisions can be verified in upcoming periodic reports under ‘Business Description (Order Status)’ and amendment filings.
📢 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).
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