Fact Source: Financial Supervisory Service DART / 2025-11-24
Disclosure Type: Supply Contract Signing
💡 3-Second Summary
Hanwha Systems has signed a supply contract worth KRW 172.7B with the Defense Acquisition Program Administration (DAPA) for “Air-to-Ground Communication Radio Improvement (6 types including UH-60) and 32 items.” The contract period spans from November 24, 2025, to December 31, 2028.
📊 1. [Key Disclosure Contents & Summary Metrics]
- Contract Type: Other Supply Contract
- Contract Name: Air-to-Ground Communication Radio Improvement (6 types including UH-60) and 32 items
- Contract Amount: KRW 172,690,000,000 (Approx. KRW 172.7B / Inclusive of VAT)
- Ratio to Recent Revenue: 6.16% (Based on FY2024 consolidated annual revenue of KRW 2.804T)
- Counterparty: Defense Acquisition Program Administration (DAPA)
- Supply Region: Republic of Korea
- Contract Period: November 24, 2025 – December 31, 2028 (Approx. 3 years and 1 month)
- Contract (Order) Date: November 24, 2025
- Payment Terms: Payments structured under the regulations on advance and interim payments for the defense industry (Advance payments included)
- Important Notes: Contract amount and duration remain subject to change depending on project progress
📈 2. [Expert View: What This Disclosure Means for Investors]
This filing discloses a formal supply contract signed by Hanwha Systems with DAPA for the “Air-to-Ground Communication Radio Improvement (6 types including UH-60) and 32 items” project.
The document lists the contract value at KRW 172.7B (including VAT), representing 6.16% of the company’s FY2024 consolidated revenue. The execution period extends across approximately three years, ending on December 31, 2028. As noted in the filing that contract amounts and schedules remain subject to adjustments based on operational progress, market participants can reference the disclosed numerical parameters as presented.
📝 Editor’s Comment (by K-STOCK Editor)
A supply contract disclosure provides regulatory confirmation regarding newly awarded order contracts, specifying transaction values, counterparties, and completion schedules. This filing confirms the new defense communications improvement contract awarded by DAPA.
For readers, the primary follow-up checkpoint is observing project execution through to the contract completion date of December 31, 2028. Monitoring subsequent regulatory disclosures for any potential contract amendments serves as the standard follow-up approach.
📢 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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