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Hanwha Techwin bags W372.6b order from India

PUBLISHED : April 21, 2017 - 17:51

UPDATED : April 21, 2017 - 17:51

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[DISCLOSURE] Hanwha Techwin (079550) announced on April 21 that it has signed a 372.67 billion won (US$328.20 million) contract with India’s Larsen and Toubro to supply K9 self-propelled artillery. 

This amounts to 10.59 percent of its 2016 revenue and the contract is valid until July 20, 2023. 

By Hwang You-mee (theinvestor@heraldcorp.com)

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