April 26, 2024
Market Now
KAI inks W583.3b deal with Defense Development Agency
[DISCLOSURE] Korea Aerospace Industries (047810) announced on Dec. 5 that it has signed a 588.3 billion won (US$529.0 million) contract with Agency for Defense Development to supply synthetic aperture radar space segment.
This amounts to 28.4 percent of its 2017 revenue and the contract is valid until Sept. 26, 2025.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 28.4 percent of its 2017 revenue and the contract is valid until Sept. 26, 2025.
By Hwang You-mee (glamazon@heraldcorp.com)
