Fact Source: Financial Supervisory Service DART / 2026-03-13
Disclosure Type: Supply Contract Signing (Corrected Report)
💡 3-Second Summary
Hanwha Systems has amended its supply contract with the Naval Logistics Command for “Domestic Surface Ship Combat System Maintenance,” updating the contract end date from March 31, 2026, to August 31, 2026.
📊 1. [Key Disclosure Contents & Summary Metrics]
- Reason for Correction: Change in contract period
- Amendment Details: Contract end date revised from March 31, 2026, to August 31, 2026 (Start date: June 01, 2022)
- Contract Name: Domestic Surface Ship Combat System Maintenance (Other Supply Contract)
- Contract Amount: KRW 125,017,460,000 (Approx. KRW 125.0B / Exclusive of VAT)
- Ratio to Recent Revenue: 5.98% (Based on 2021 consolidated annual revenue of KRW 2.090T at the time of initial filing)
- Counterparty: Naval Logistics Command
- Supply Region: Domestic (Republic of Korea)
- Initial Filing Date: June 02, 2022
- Contract (Order) Date: May 31, 2022
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing is a regulatory correction notice providing an update on the contract period for a KRW 125.0B maintenance supply contract originally disclosed in June 2022.
The disclosure reflects an updated end date of August 31, 2026, with other contract parameters remaining as previously reported. As the document notes that contract amounts and terms remain subject to potential changes based on ongoing progress, market participants can reference the revised completion date as disclosed.
📝 Editor’s Comment (by K-STOCK Editor)
A corrected supply contract disclosure provides administrative notifications regarding modifications to previously disclosed contract terms or schedules. This specific filing confirms the revised contract end date of August 31, 2026, for the surface ship combat system maintenance contract.
For readers, the primary point of reference is noting the updated end date of August 31, 2026, as presented in the filing. Monitoring for any subsequent regulatory amendments regarding further changes to contract terms serves as the standard follow-up step.
📢 Disclaimer & Source Notice
Source: This content was structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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