Hanwha Aerospace inks $459.3 mil. deal to supply engines for KF-21 fighter jets

Hanwha Aerospace said Thursday it has signed a 623.2 billion-won ($459.3 million) follow-up contract with the state defense procurement agency to supply engines for Korea's next-generation KF-21 fighter jets. The agreement with the Defense Acquisition Program Administration (DAPA) builds on a previous engine supply deal worth 556.2 billion won signed a year ago, bringing the total contract value to 1.18 trillion won. With the latest contract, Hanwha Aerospace will deliver 80 units of F414 engines for the first mass-produced batch of KF-21 jets by December 2028. The deal also includes logistics support, such as maintenance parts, technical manuals and on-site technical assistance. Hanwha Aerospace has long been involved in the Korean military's aviation projects, having produced more than 10,000 engines for Korea's fighter jets, including the KF-5, KF-16 and F-15K, since 1979. To bolster its high-tech engine business, the company has invested 40 billion won to build a smart factory dedicated to jet engine production. "With our advanced aviation engine technology, we will ensure timely deliWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times