"Let's Reach the Goal of 10 Tril. Won Sales by 2020"...KAI President
"Let's Reach the Goal of 10 Tril. Won Sales by 2020"...KAI President
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.10.21 19:51
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SEOUL, KOREA- Korea Aerospace Industries Ltd. announced on October 18 that it would increase its sales revenue to the 10-trillion-won level by 2020 and become one of the top-15 aerospace companies in the world. KAI president and CEO Ha Sung-Yong said this in a new corporate strategy declaration ceremony held at its headquarters in Sacheon, South Gyeongsang Province.
 
As part of this strategy, the company will actively pursue overseas sales of the T-50 Golden Eagle supersonic advanced trainer and the FA-50 multirole light fighter. It also said it would realize more than 80 percent of its sales revenue overseas.
 
In addition, KAI will expand the business areas such as equipment and fuselage maintenance, space launch vehicle, and mid-sized satellite development. The company will take the leading role in bringing Korea up to the level of the world's top-seven aerospace nation by 2020.
 
President Ha added, "Let's lay the foundation for fast growth of our business through successful implementation of the KF-X advanced multirole fighter jet program as well as the light combat helicopter and light attack helicopter programs."

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