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S. Korea aerospace company wins 115.7 bln won U.S. parts order

All Headlines 17:58 June 08, 2018

SEOUL, June 8 (Yonhap) -- Korea Aerospace Industries Co., the country's sole aircraft manufacturer, said Friday it has received a 115.7 billion won (US$108 million) parts order from the United States.

Under the deal signed with Triumph Aerostructure LLC, KAI plans to supply wing and body parts for the B767 twin-engine jet from January 2019 to December 2025, the company said in a regulatory filing.

In the January-March period, KAI shifted to a net profit of 32 billion won from a net loss of 28 billion won a year earlier.

Operating profit nearly quadrupled to 40 billion won from 11 billion won during the same period. Sales rose to 641.18 billion won from 587.26 billion won.

S. Korea aerospace company wins 115.7 bln won U.S. parts order - 1

kyongae.choi@yna.co.kr
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