Korea Aerospace Industries, Ltd Overview
Company Headquarters: Sacheon, South Korea
Founded: 1999
Workforce: ~3,500
Company Working: Korea Aerospace Industries, Ltd (Korea Aerospace) is engaged in the manufacturing and sale of aircraft. Along with its subsidiaries, it operates through two business segments—defense industry and aircraft and airframe part and civil aircraft. Through the defense industry and aircraft segment, it manufactures and sells aircrafts, such as trainer aircraft, fighter aircraft, attack aircraft, and motorized helicopters. The airframe part and civil aircraft segment is engaged in the manufacturing and delivery of aircraft structures to Airbus SAS, The Boeing Company, and Vought Corporation, as well as the manufacturing and sale of civil aircraft.
Strategy
Korea Aerospace is focusing on extending its helicopters product line and expanding its business to additional clients in Asia-Pacific. Moreover, it is focused on improving product quality by investing in R&D. It also aims at developing service portfolio for effective support to its helicopters worldwide. This is expected to boost its annual market revenue, geographic presence, and market share.



