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THE INVESTOR
December 16, 2018
Big Reunion

Market Now

KAI cinches W525.6b deal with Boeing

  • PUBLISHED :October 12, 2018 - 11:53
  • UPDATED :October 12, 2018 - 11:53
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[DISCLOSURE] Korea Aerospace Industries (047810) announced on Oct. 12 that it has signed a 525.56 billion won (US$463.17 million) contract with The Boeing Company to supply additional tail parts for B737.

This amounts to 25.4 percent of its 2017 revenue and the contract is valid from Jan. 1, 2022 to Dec. 31, 2026.

By Hwang You-mee (glamazon@heraldcorp.com)

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