Fact Source: Financial Supervisory Service DART / 2024-03-27
Disclosure Type: Sales / Supply Contract
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth approximately KRW 163.9B with Korea Aerospace Industries, Ltd. (KAI) for the LAH 2nd Mass Production project.
📊 1. [Key Disclosure Details & Financial Figures]
- Contract Title: LAH 2nd Mass Production
- Contract Amount: KRW 163,945,958,400 (excluding VAT) / Approx. KRW 163.9B
- Percentage of Recent Revenue: 7.49% (Based on 2022 consolidated revenue of KRW 2,188,002,345,349 / Approx. KRW 2.19T)
- Counterparty: Korea Aerospace Industries, Ltd. (KAI)
- Sales / Supply Region: Domestic (South Korea)
- Contract Period: March 27, 2024 ~ June 30, 2027
- Key Terms: Contract amount and contract period are subject to change depending on project progress
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing confirms that Hanwha Systems has executed a supply contract with Korea Aerospace Industries, Ltd. (KAI) for the “LAH (Light Armed Helicopter) 2nd Mass Production” project.
The contract value of KRW 163.9B represents 7.49% of the company’s 2022 consolidated revenue. Spanning from March 27, 2024, to June 30, 2027, the revenue is set to be recognized incrementally over the contract duration based on project execution. As noted in the disclosure, the total contract amount and timeframe remain subject to potential modifications depending on progress.
📝 Editor’s Comment (by K-STOCK Editor)
When evaluating sales and supply contract filings, it is important to examine the total deal size alongside the execution timeframe and potential modification clauses. This disclosure outlines a domestic supply contract with KAI to be executed over approximately 3 years and 3 months, ending in June 2027.
For investors, the primary checkpoint is observing whether the contract proceeds as scheduled without structural amendments over the designated timeframe. Additionally, paying attention to any subsequent regulatory disclosures regarding potential modifications to the contract amount or duration will serve as a factual reference point.
📢 Disclaimer & Source Notice
Source: This content was structured and newly generated based on official filing data from the Financial Supervisory Service’s DART system.
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