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Korea Aerospace Industries

Korea Aerospace Industries (Korean: 한국항공우주산업, Hanja: 韓國航空宇宙産業), commonly referred to as KAI, is a South Korean aerospace and defense company. KAI was originally a joint venture of Samsung Aerospace, Daewoo Heavy Industries (aerospace division), and Hyundai Space and Aircraft Company (HYSA), which in 1999 took over its founding members at the behest of the South Korean government following their financial troubles which emerged during the 1997 Asian financial crisis.[citation needed] KAI's headquarters and major plants are located in Sacheon, South Gyeongsang Province.

Korea Aerospace Industries, Ltd.
Public
Traded asKRX: 047810
Industry
Founded1999; 20 years ago (1999)
Headquarters,
Key people
  • Sung-Yong
  • Ha Kim
  • Jo-won
Products
  • Civil aircraft
  • Military aircraft
  • Satellites
RevenueIncrease US$2.51 billion (2015)
Increase US$248 million (2015)
Increase US$157 million (2015)
Total assetsIncrease US$2.35 billion (2015)
Total equityIncrease US$1.01 billion (2015)
Owner
Number of employees
3,530 (2015)
Websitekoreaaero.com
Footnotes / references
[1][2][3]

ProjectsEdit

In 2008, KAI studied a 60-seat KRJ regional jet: a T-tail, four-abreast aircraft able to be stretched to 100 seats, similar to the Bombardier CRJ.[4] In 2010, KAI was studying a project for launching a 90-seat turboprop, to be announced as early as 2011.[5] In October 2012, a joint development deal between Bombardier Aerospace and a government-lead South Korean consortium was revealed, to develop a 90-seater turboprop regional airliner, targeting a 2019 launch date. The consortium would include Korea Aerospace Industries and Korean Air Lines.[6] KAI studied its 90-seat turboprop until around 2014, while Avic launched its MA700 in late 2013.[4]

KAI should build the wings of the Gulfstream G280 business jet for its manufacturer IAI instead of Triumph Group: 300 sets until 2030 for $529 million, at a new factory at Gosung, 30 km (20 mi) from its Sacheon main plant. KAI then aims to build a licensed civil aircraft from 2023 and wants to develop a 50-70 seat turboprop or turbofan regional airliner, to complete exploratory development by 2022 for a 2030 introduction.[4]

 
Lead In Fighter Trainer TA-50 in KAI
 
KSLV-1 Naro at public exhibition area of Naro Space Center

ProductsEdit

Licensed production
  • MBB/Kawasaki BK 117 : Hyundai Space and Aircraft Company in 1989 assembled a BK-117.
  • MBB Bo-105 KLH (1989) : Daewoo Heavy Industries (aerospace division) license-produced combat version of CBS-5.
  • KF-16, (1991) : Samsung Aerospace produced 140 F-16 C/D Block 52 fighters under license from Lockheed Martin in the 1990s.[7]
  • Airbus H155: KAI LCA and LAH (Light Civil Helicopter and Light Armed Helikopter) [8]
Upgrade and Modification
Fixed-wing aircraft
Helicopter
Unmanned aerial vehicles
  • KAI RQ-101 Songgolmae (2001): internationally as the Night Intruder 300[10]

Co-developmentEdit

  • Bell 427 helicopter designed and manufactured by Bell Helicopter and Samsung Aerospace Industries.
  • Bell 429 helicopter designed and manufactured by Bell Helicopter and Samsung Aerospace Industries.

SatellitesEdit

  • Korean Multipurpose Satellites No. 1, 2, 3 and 5

Launch vehicleEdit

  • Korea Space Launch Vehicle(KSLV)-II:[11] The KSLV-II has been designed to generate a combined thrust of 300 tons by tying in parallel four 75 ton-class liquid fuel-powered engines. KSLV 2 is the launcher earmarked for the spacecraft that South Korea proposes to send to the moon by 2020. A lunar lander is supposed to follow in 2025.[12]

Future ProjectsEdit

  • KAI KF-X - Korean Fighter eXperimental[13]
  • KAI Midsize Turboprop Passenger Plane - on joint development of a 90-seat turboprop plane by 2019.[14]
  • KAI Next-Generation UAVs - As a developer of the ROK Army's corps-level UAVs.[15]

ReferencesEdit

  1. ^ "Korea Aerospace Industries(047810:Korean Stock Exchange)". businessweek.wallst.com. Retrieved May 4, 2016.
  2. ^ "주식등의 대량보유상황보고서". dart.fss.or.kr. Retrieved 2017-06-12.
  3. ^ "주식등의 대량보유상황보고서". dart.fss.or.kr. Retrieved 2017-06-12.
  4. ^ a b c Bradley Perrett and Kim Minseok (May 16, 2019). "Looking To Lead Program, KAI Assesses Regional Airliner". Aviation Week & Space Technology.
  5. ^ Brendan Sobie (5 August 2010). "Korea targets 90-seat turboprop market". Flight International.
  6. ^ Choi Kyong-Ae (8 October 2012). "South Korea Consortium in Talks With Bombardier About Developing Passenger Plane -Source". Wall Street Journal.
  7. ^ John Pike. "KF-16 Korea Fighter Program [KFP]". Globalsecurity.org. Retrieved 2010-11-13.
  8. ^ "KAI Picked To Build S. Korean Light Armed Helo". defensenews.com. Retrieved 2014-07-23.
  9. ^ "Korea Develops Small Passenger Plane". Chosun Ilbo. 2011-07-21. Retrieved 2011-07-24.
  10. ^ "Night Intruder 300". deagel.com. Retrieved 2014-07-23.
  11. ^ "한국항공우주연구원, 한국형발사체 총 조립업체로 KAI 선정". kslv2.or.kr. Archived from the original on 2014-07-26. Retrieved 2014-07-19.
  12. ^ "Korea's Aerospace Roadmap: Seoul to send Moon orbiter on homegrown rocket by 2020". arirang.co.kr. Retrieved 2014-08-07.
  13. ^ "South Korea military chiefs endorse $8.2 billion development plan for home-built fighters". reuters.com. Retrieved 2014-07-23.
  14. ^ "South Korea in Talks to Develop Passenger Plane". Wall Street Journal(WSJ). Retrieved 2014-08-04.
  15. ^ "KAI picked as preferred bidder for S. Korea's unmanned aerial vehicle". yonhapnews.co.kr. Retrieved 2014-09-09.

External linksEdit