[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)