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S. Korea aircraft maker KAI wins $460 mln Boeing tail wing deal

All Headlines 15:10 October 12, 2018

SEOUL, Oct. 12 (Yonhap) -- Korea Aerospace Industries Co. (KAI), South Korea's sole aircraft manufacturer, said Friday it has signed a 525.6 billion won (US$460 million) tail wing supply deal with Boeing.

Under the deal, KAI will supply empennage components for the B737 passenger jets from Jan. 1, 2022 to Dec. 31, 2026, the company said in a regulatory filing.

KAI has already signed deals to supply tail wings for the B737s from 2004 through 2021. The latest contract is an extension of the existing deals, it said.
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