April 20, 2024
Market Now
KAI bags W203.2b order from DAPA
[DISCLOSURE] Korea Aerospace Industries (047810) announced on Dec. 14 that it has signed a 203.2 billion won (US$179.54 million) contract with Defence Acquisition Program Administration to supply 16 products including air ambulance helicopters.
This amounts to 9.8 percent of its 2017 revenue and the contract is valid until Dec. 31, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 9.8 percent of its 2017 revenue and the contract is valid until Dec. 31, 2020.
By Hwang You-mee (glamazon@heraldcorp.com)
