SolDefense Co., Ltd. KRW 3.5 billion Chunmoo mid-range supply contract with FIRSTEC
AI summary · Not investment advice
SolDefense Co., Ltd. signed a KRW 3.5 billion Chunmoo mid-range supply contract with FIRSTEC CO.,LTD., equal to 13.18% of recent revenue.
Contract amount
KRW 3.5 billion
13.18% of recent revenue · excluding VAT
Key facts
- Contract details
- Chunmoo mid-range
- Recent revenue
- KRW 26.8 billion2025 consolidated
- % of revenue
- 13.18%
- Counterparty
- FIRSTEC CO.,LTD.Weapons and ammunition manufacturer
- Supply region
- Domestic
- Contract period
- Oct 15, 2026 – Dec 3, 2027
- Contract date
- Oct 15, 2026
- Payment terms
- Cash at the end of the following month (30 days)No advance
Commentary
AI commentary · Not investment advice
What happened
SolDefense signed a supply contract with FIRSTEC related to the Chunmoo mid-range system. The contract is worth KRW 3.5 billion excluding VAT. FIRSTEC makes weapons and ammunition. SolDefense will produce the items itself and supply them in Korea.
In the company's terms
The amount equals 13.18% of SolDefense's recent revenue (KRW 26.8 billion, 2025 consolidated).
What changes for shareholders
The contract runs until December 3, 2027. Payment is in cash at the end of the following month.
Earlier Single Sales/Supply Contract filings from this company
| Filed | Counterparty | Contract amount | % of revenue |
|---|---|---|---|
| 26.10.122026.10.12 | HANWHA SYSTEMS Co., Ltd. | KRW 8.6 billion | 32.21% |
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