Dae Sung High-Tech Secures $9.2 Million Supply Contract for Advanced Weapon Systems
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Daesung Hi-Tech has inked a supply contract worth 102.9125 billion KRW (about 77.18 million USD) with Elmet International SRL, the company announced on March 10. The agreement covers the provision of components for ground and air-based guided weapon systems.
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The contract will run for 506 days, from February 9, 2026, to June 30, 2027. This deal represents 11.09% of Daesung Hi-Tech’s recent annual revenue of 928.313 billion KRW (about 696.23 million USD).
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This marks Daesung Hi-Tech’s first contract disclosure for the current year. The company had no comparable contract announcements during the same period last year.
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Joo Ji-sook, Data Investment Reporter pr@datatooza.com
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