Hanwha Aerospace (KRX:012450) secured a 705.4 billion won contract from the Defense Acquisition Program Administration (DAPA) for the mass production of L-SAM launchers and anti-ballistic missiles (ABMs).

The deal is equivalent to 6.28% of the company's consolidated sales in 2024.

The contract period runs from Nov. 27, 2025, to Dec. 31, 2030, with payments to be made every year, according to the government's installment schedule, the filing said.

Shares of Hanwha Aerospace fell nearly 2% in recent trade.