Correction of Contract Period for K2 Tank PBL IFF Supply with Hanwha Systems: Schedule Adjusted, Size and Terms Unchanged
VICTEK corrected the end date of its 5.45B KRW contract with Hanwha Systems for K2 tank PBL IFF supply from July 31, 2028 to May 31, 2028, shortening the period by two months
The revision is due to production schedule changes; the contract amount and other terms (cash payment, delay penalty rate) remain unchanged
The contract represents 7.61% of VICTEK's 2024 consolidated sales (71.49B KRW), contributing to stable defense revenue
[AI Summary]This disclosure is merely a schedule adjustment with no material impact on contract size or profitability, thus neutral for stock price. However, it supports the maintenance of defense order backlog.
KOSDAQ Filing Information
Filing: [Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)