STX Engine Signs Supply Contract Worth 60.4 Billion KRW

[Asia Economy Reporter Eunmo Koo] STX Engine announced on the 23rd that it has signed a prototype supply contract worth 60,429 million KRW with the Agency for Defense Development's Maritime Technology Research Institute for hull-mounted sonar transmitter and receiver equipment for the KDDX-class destroyer sonar system. The contract amount represents 9.90% of last year's consolidated sales, and the contract period extends until November 30, 2029.

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