Hanwha Systems said on October 30, 2026 that it has been selected as the preferred negotiating party for a Agency for Defense Development-led project to develop a micro synthetic aperture radar (SAR) satellite constellation.

Hanwha Systems said in a disclosure on October 30, 2026 that it has been selected as the preferred negotiating party for a micro SAR satellite constellation development project ordered by the Agency for Defense Development. The company presented the contract amount as 334.97 billion (excluding VAT) and said this amount may change during contract negotiations. The company said that if a final contract is signed, it will disclose the final terms again as a single-sale supply contract.

1. 01

   The company has been selected as the preferred negotiating party for a micro synthetic aperture radar (SAR) satellite constellation development project ordered by the Agency for Defense Development (ADD).

2. 02

   The company said the contract amount of 334.97 billion (excluding VAT) may change during the course of contract negotiations.

3. 03

   If the contract is signed, the company plans to disclose it separately as a single-sale supply contract.

4. 04

   Recent revenue is based on consolidated financial statements for 2025, and the board resolution date is the bid opening date on the Public Procurement Service's KONEPS system.

An AI model translated the Korean summary of this filing into English; every number is carried over from the Korean original. Reference information, not investment advice.

Key figures

Contract amount (excluding VAT)

334.97 billion

Recent revenue

KRW 3.66 trillion

Versus revenue

9.1%

Filing facts

Filing type

Material Management Information

Report name

Material Management Information for Investment Decisions

Filed

Oct 30, 2026

Receipt number

20261030801362