[Market Focus] Hi-Z Aerospace Soars 10% on News of Long-Term Core Parts Supply Deal with Boeing

Hi-Z Aerospace is showing strong performance in early trading.

As of 9:02 a.m. on October 14, Hi-Z Aerospace was trading at 2,460 won, up 10.81% (240 won) from the previous day.

Investor sentiment appears to have been boosted by news that Hi-Z Aerospace has signed a multi-year contract with global aircraft manufacturer Boeing to supply core structural components for the B737 MAX model, worth several tens of billions of won. Hi-Z Aerospace specializes in aircraft structural assemblies and rear fuselage components, with clients including Boeing and Korean Air.