Korea Aerospace Industries secures Surion deals with marines and army
Jon Grevatt, Bangkok - IHS Jane's Defence Weekly
29 December 2016
Korea Aerospace Industries (KAI) said on 28 December that it has secured orders to supply its Surion twin-engine utility helicopter to the Republic of Korea (ROK) Marine Corps and Army.
The company said in a statement that the two deals, signed with the Defense Acquisition Programme Administration (DAPA), are collectively worth KRW2.19 trillion (USD1.8 billion) and feature the supply of 100 Surion helicopters.
The contract with the ROK Marine Corps is valued at KRW633 billion and covers 30 amphibious versions of the Surion that will be produced and delivered by 2023, while the deal with the ROK Army is worth KRW1.56 trillion and features the supply of 70 Surions by 2022.
Original post: janes.com
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