RFHIC Amends High-Power Amplifier Supply Contract with Raytheon Canada and Splits Orders within Raytheon Group
RFHIC disclosed an amendment to its high-power amplifier supply contract with Raytheon Canada Limited, reducing the contract amount to KRW 29.6 billion from KRW 50.6 billion. This adjustment follows the partial transfer of the contract to fellow Raytheon group companies Raytheon UK and Collins Aerospace.
To offset the reduction, RFHIC separately signed contracts with Raytheon UK worth KRW 5.2 billion and Collins Aerospace worth KRW 13.7 billion, effectively maintaining the total order value.
The counterparty, the Raytheon group part of RTX, is a top-tier global defense contractor with high credibility. The amendment represents a simple restructuring of contract allocation and does not affect RFHIC's ongoing core business.
[AI Summary]This contract amendment involves no capital changes or financial risk for RFHIC; it is a formal adjustment due to contract reallocation within the Raytheon group. The core defense amplifier supply business continues with stable counterparties, resulting in a neutral impact on shareholder value.
KOSDAQ Filing Information
[Correction of Description] Conclusion of Single Sale and Supply Contract