[DISCLOSURE]
Hyundai Rotem (064350) announced on Nov. 15 that it has signed a 77.76 billion won (US$68.74 million) contract with Defense Acquisition Program Administration to supply wheeled armored vehicles.
This amounts to 2.8 percent of its 2017 revenue and the contract is valid until June 28, 2019.
By Hwang You-mee (
glamazon@heraldcorp.com)