Fact Source: Financial Supervisory Service DART / 2025-06-26
Disclosure Type: Sales / Supply Contract
💡 Summary in 3 Seconds
Hanwha Systems has signed a KRW 124.8B supply contract with DAPA for ‘KF-21 initial production (remaining) AESA Radar and 12 items.’
📊 1. [Key Disclosure Details & Financial Highlights]
- Contract Name: KF-21 initial production (remaining) AESA Radar and 12 items
- Contract Amount: KRW 124,809,500,000 (approx. KRW 124.8B)
- Relative Size to Revenue: 4.45% (Based on 2024 consolidated annual revenue of KRW 2.80T)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Republic of Korea
- Contract Period: June 26, 2025 ~ December 15, 2028 (approx. 3 years and 6 months)
- Contract Date: June 26, 2025
- Other Notes: Zero VAT rate applied; contract amount and duration remain subject to changes depending on project progress.
📈 2. [Professional Insight: What This Means for Investors]
This filing details a new defense supply contract signed between Hanwha Systems and DAPA. Financially, the contract amount of approx. KRW 124.8B represents 4.45% of Hanwha Systems’ 2024 consolidated revenue (approx. KRW 2.80T).
The contract period runs for approximately 3 years and 6 months, from June 26, 2025 to December 15, 2028. Beyond the figures provided in the filing, specific revenue recognition schedules or profitability details are not disclosed, and contract terms remain subject to potential adjustment depending on execution.
📝 Editor’s Comment (by K-STOCK Editor)
The objective fact established in this disclosure is that Hanwha Systems secured a KRW 124.8B supply contract for KF-21 AESA radars, equivalent to 4.45% of its 2024 annual revenue.
Moving forward, the primary objective checkpoints for investors are tracking contract execution through the scheduled completion date of December 15, 2028, and monitoring for any subsequent regulatory amendment filings. As the disclosure notes that contract terms may shift depending on progress, tracking the implementation timeline remains the reference point.
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Source: This content was newly structured and written based on official data submitted to the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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