LIG Nex1 Co. Ltd.

10/31/2024 | Press release | Distributed by Public on 10/30/2024 23:22

Conclusion of Single Sales Contract or Supply Contract

Conclusion of Single Sales Contract or Supply Contract
1. Type of sales or supply contract Other sales or supply contracts
- Name of contract concluded Avionics for KF-21(Initial Batch)
2. Details of contract Contract amount (KRW) 101,271,381,200
Sales of the latest fiscal year (KRW) 2,308,571,092,877
Ratio to sales (%) 4.39
Classified as a large-sized corporation? Yes
3. Counterparty to contract Korea Aerospace Industries, LTD.
- Relationship to company -
4. Regions of sales or supply (markets served) Republic of Korea
5. Contract period Start date 2024-10-31
End date 2027-07-31
6. Terms and conditions of contract This contract is to produce and deliver avionics for the first batch order of KF-21 fighter jet.
7. Effective date of contract (receipt of orders) 2024-10-31
8. Withholding of disclosure Reasons for withholding disclosure -
Withholding period -
9. Other matters to be factored into investment decisions
1) The Contract amount stated in Line 2. Details of contract is amount including Taxation. (Contract Amount without the tax shall be KRW 92,064,892,000)
2) Sales of the latest fiscal year above refers to the consolidated financial statement from Fiscal Year 2023.
3) Amount and period of this contract are subject to change during its contract period.
※ Related disclosure -