April 25, 2024
Market Now
Hyundai Rotem receives W391b order from DAPA
[DISCLOSURE] Hyundai Rotem (064350) announced on Dec. 8 that it has signed a 390.7 billion won (US$357 million) contact with Defense Acquisition Program Administration to supply wheeled armored vehicles.
This amounts to 13.1 percent of its 2016 revenue and the contract is valid until Nov. 30, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 13.1 percent of its 2016 revenue and the contract is valid until Nov. 30, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
