Korea Aerospace Industries, T-50 Repair Parts Contract
[Asia Economy Yang Nak-gyu, Military Specialist Reporter] Domestic defense company Korea Aerospace Industries (KAI) has been assigned performance-based logistics (PBL) support for the T-50 series aircraft.
According to KAI on the 15th, it signed a contract with the military to handle PBL tasks for about 4,000 repair parts of the T-50 series aircraft until July 2025. The PBL tasks include acquisition, transportation, delivery management, and other related duties. The contract is worth approximately 180 billion KRW.
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PBL is a contract method where defense companies take full responsibility for logistics support of contracted items and receive performance bonuses or penalties based on achievement. So far, KAI has carried out PBL projects for 8 aircraft types worth about 900 billion KRW, and with the expansion of domestic aircraft types such as KF-21 and LAH, the market size is expected to grow. Additionally, including PBL projects, KAI aims to increase its logistics support (MRO) business to around 1 trillion KRW by 2030.
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