Victek: Signs supply contract

Signs supply contract

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Victek signs contract to supply radar warning receivers for small armed helicopters, but shares close lower on supply-demand pressure

Victek wins a roughly ₩10.5bn contract for third-batch production of radar warning receivers for small armed helicopters, but foreign investors sold more than 4,700 shares and bicycle-related and other theme stocks drew more attention, so the defense order did not lift the stock right away.

• 10.15 ★★★★ Signs contract for third-batch production of light armed helicopter radar warning receivers
• 10.07 ★★ Supply contract signed (amended)
• 09.16 ★★ Supply contract signed (amended)
• 09.10 ★★ Supply contract signed (amended)