KAI challenges Lockheed Martin and export to the US... Estimated ripple effect of KRW 340 trillion
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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hoondork1977@alphabiz.co.kr | 2023-05-01 06:40:32
[Alpha Biz=(Chicago) Reporter Paul Lee] KAI (Korea Aerospace Industries) will join hands with global partners to challenge the world's largest US market.
According to the KAI on the 28th, up to 500 trainer and tactical aircraft of the US Air Force and Navy are preparing to participate in the US business by forming a consortium with Lockheed Martin.
If the T-50 enters the U.S. market, it is expected to expand its market to more than 50 percent and up to 1,300 units in the overseas advanced trainer and scripture speculation markets. This is estimated to create an industrial and economic ripple effect of up to 340 trillion won.
KAI is leading the K-defense exports, successfully signing an export contract with Poland's FA-50 48 University to Malaysia earlier this year.
KAI also held a 'Supporter Symposium' from 27th to this day to strengthen strategic partnerships with partners.
The symposium was attended by a large number of presidents from more than 100 foreign companies, including the Ministry of Trade, Industry and Energy, the Defense Acquisition Program Administration and the Air Force, as well as Lockheed Martin (Lockheed Martin) and Airbus Helicopters (Airbus Helicopters).
KAI signed MoUs with a total of three companies (Raytheon社, Arconic社, BAE Systems社). The goal is to establish a joint cooperation system to ensure stable supply and demand of materials and cost competitiveness.
It is expected that this will ensure stable supply and cost competitiveness of mass-produced T-50 and Surion, and KF-21 and LAH materials and components to be mass-produced within a few years.
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