KAI Signs New Contract for Boeing B787 Engine Mount Structure Worth 120 Billion KRW

[Asia Economy Reporter Yu Je-hoon] Korea Aerospace Industries (KAI) announced on the 16th that it signed a contract with the American company Boeing on the 12th to supply structural components for the B787 Dreamliner aircraft. The project period is five years starting from January 2023, with a scale of approximately 120 billion KRW.

The contracted items are components used in the nacelle where the B787 engine and wing are joined, involving the production and delivery of a total of 24 types of parts and assemblies to Boeing.

The contracted structures will utilize titanium materials, which are rigid, considering the weight of the engine. The initial products will be developed by reflecting the know-how of machining difficult-to-cut materials accumulated from manufacturing B777 nacelle fittings and A350 landing gear parts.

Meanwhile, KAI has been striving to secure orders for high value-added airframe structures such as machining difficult-to-cut materials like titanium. The company explained that through this direct contract with Boeing, their development capabilities and quality have been recognized, making additional orders expected.

A KAI official stated, "We will do our best to satisfy customers through successful initial product development and timely delivery," adding, "The commercial aircraft market, which had been stagnant due to the recent impact of COVID-19, is showing signs of recovery, and KAI's airframe structure sales are also expected to increase next year."

This content was produced with the assistance of AI translation services.