Hanwha Aerospace to Export K239 Chunmoo Multiple Rocket Launchers Worth KRW 641 Billion to Croatia [Disclosure]

[Financial News] Hanwha Aerospace announced on the 11th that it had signed an export contract worth KRW 641 billion with the Ministry of Defence of the Republic of Croatia for K239 Chunmoo multiple rocket launchers.
The contract is valued at KRW 641,095,390,000, equivalent to 2.4% of the company’s most recent revenue. The contract runs from the previous day through September 9, 2030.
Under the payment terms, 25% will be paid within 30 days of signing the contract, followed by another 35% within 30 days after 12 months. The remaining balance will be paid within 30 days after completion of the acceptance procedures stipulated in the contract.
 

[email protected] Bae Han-geul Reporter