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July 17, 2018

Daeyang Electric wins W46b order from DAPA

PUBLISHED : July 12, 2018 - 10:56

UPDATED : July 12, 2018 - 10:58

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[DISCLOSURE] Daeyang Electric (108380) announced on July 11 that it has signed a 46.0 billion won (US$40.74 million) contract with Defense Acquisition Program Administration to supply mine disposal vehicle. 

This amounts to 32.1 percent of its 2017 revenue and the contract is valid until Dec. 20, 2020.

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

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