Spear disclosed Monday that it has signed a special alloy raw material supply contract with a global US aerospace launch company.
The contract is valued at 22.25 billion won ($14.6 million), equivalent to 23.27 percent of the company's 2025 sales.
The contract runs through July 21.
The company said it would not disclose the identity of the counterparty at the client's request to protect trade secrets.
jiyoon436@heraldcorp.com