SEC Signs Defense Inspection Equipment Supply Agreement with Hanwha Aerospace: "Expecting Revenue Growth"

SEC has signed a supply agreement with Hanwha Aerospace, marking a full-fledged expansion into the defense industry.

On May 13, SEC announced that it had signed a supply contract with Hanwha Aerospace for linear accelerator (LINAC)-based inspection equipment for defense applications, valued at approximately 9.3 billion won. This contract amount corresponds to about 16% of SEC's total sales for the previous year and about 69% of its defense sector sales.

This agreement is significant as it demonstrates that SEC’s LINAC technology, which has been commercialized since 2017, is now entering a full-scale revenue scaling-up phase in the defense sector. As the contract volume increases based on prior supply experience and technological credibility, expectations are rising for additional orders in the future.

The LINAC inspection equipment supplied by SEC uses high-powered X-rays to precisely detect internal defects in target objects through a non-destructive method. It is used for quality verification of large products in the defense, rocket, and aerospace sectors, and is applied in fields where high-reliability inspection technology is required.

According to SEC's 2025 business report, the basic order backlog for defense-use LINAC stands at about 11.6 billion won. With this contract reflected, the total order backlog is expected to exceed 20 billion won.

In particular, this contract is drawing market attention as it is the first mandatory disclosure since SEC’s listing. There is also an assessment that actual large-scale revenue is now being generated from previous defense supply experience, raising expectations for future performance growth.

SEC is expanding its electron beam application business from its traditional focus on semiconductor and industrial inspection equipment to defense, energy, food, and medical sectors. The LINAC-based inspection equipment business is expected to serve as a key cash cow, driving both rapid growth in scale and improved profitability in a short period, thanks to high equipment prices.

An SEC representative stated, “The scale of contracts is expanding based on the LINAC commercialization technology and defense supply experience accumulated since 2017,” and added, “With this contract as a starting point, we expect to further expand orders in high value-added industries, including the defense sector.”

This content was produced with the assistance of AI translation services.