April 20, 2024
Market Now
STX Engine bags W40.3b order from Hanwha Land Systems
[DISCLOSURE] STX Engine (077970) announced on July 28 that it has signed a 40.32 billion won (US$35.96 million) contract with Hanwha Land Systems to supply engines for defense industry.
This amounts to 7.61 percent of its 2016 revenue and the contract is valid until March 6, 2020.
By Hwang You-mee (theinvestor@heraldcorp.com)
