Hanwha Aerospace signed an execution contract on August 28 to export K9 self-propelled howitzers to Spain through Indra Sistemas S.A., converting months of unconfirmed press reports into a signed deal. The filing withholds the contract amount and end date, citing business confidentiality, with release due November 28, 2026; it does confirm the payment structure — a 20% down payment on signing and a further 5% due by December 31, 2026 — and that the deal is a follow-through on rumors the company had declined to confirm in filings dated March 25, April 24 and July 23, 2026. The contract's revenue base for comparison is Hanwha Aerospace's FY2025 consolidated revenue of ₩26.70tn, though no percentage-of-revenue figure is given while the amount itself stays sealed.
| Symbol | Last Price |
|---|---|
| 079550LIG Defense & Aerospace Co., Ltd. | ₩652,000 -2.0% |
| 064350Hyundai Rotem Company | ₩126,800 +0.3% |
| 272210Hanwha Systems Co., Ltd. | ₩68,800 +1.2% |
| 047810Korea Aerospace Industries, Ltd. | ₩126,500 +1.2% |
| 099320Satrec Initiative Co., Ltd. | ₩70,700 +4.9% |