Fact Source: Financial Supervisory Service DART / 2026-03-27
Disclosure Type: Supply Contract Signing
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth KRW 86.6B with the Defense Acquisition Program Administration (DAPA) for the “Military Satellite Communication System PBL,” running from March 27, 2026, to March 31, 2031.
📊 1. [Key Disclosure Contents & Summary Metrics]
- Contract Name: Military Satellite Communication System Performance-Based Logistics (PBL) (Other Supply Contract)
- Contract Amount: KRW 86,610,027,983 (Approx. KRW 86.6B / Exclusive of VAT)
- Ratio to Recent Revenue: 3.09% (Based on 2024 consolidated annual revenue of KRW 2.804T)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Republic of Korea
- Contract Period: March 27, 2026 – March 31, 2031
- Key Contract Terms:
- Advance Payment Status: Yes (Present)
- Payment Terms: Payments according to regulations on advance and interim payments in the defense industry
- Contract (Order) Date: March 27, 2026
- Important Notes: Contract amount and contract period are subject to change depending on progress
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing details a supply agreement between Hanwha Systems and DAPA valued at KRW 86.6B, representing 3.09% of the company’s 2024 consolidated annual revenue.
The transaction covers a multi-year period from March 2026 through March 2031. The document specifies that payments will be administered under defense industry regulations governing advance and interim disbursements. As the filing explicitly states that the total contract amount and timeline remain subject to adjustments based on progress, market participants can review the disclosed numerical parameters as presented.
📝 Editor’s Comment (by K-STOCK Editor)
A supply contract disclosure provides factual contractual terms, including total contract value, counterparty, payment provisions, and execution timeframe. This filing records a contract size of KRW 86.6B (excluding VAT) with advance payment terms included under defense industry rules.
For readers, the primary follow-up checkpoint is tracking whether any contract modifications occur during the execution window ending March 31, 2031. As indicated under the disclosure’s important notes, observing future periodic financial reports and potential amendment filings regarding adjustments to the contract amount or duration will serve as the verification 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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