The Korea Herald

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ASTK signs W26b supply contract with Spirit

By 윤정현

Published : Sept. 19, 2016 - 11:32

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[DISCLOSURE] AeroSpace Technology of Korea (067390), a manufacturer of aircrafts and parts, announced on Sept. 19 that it has signed a 26.3 billion won (US$23.46 million) exclusive contract with US-based Spirit AeroSystems to provide stringers for Boeing 737’s single aisle.

It amounts to 32.56 percent of its 2015 revenue and the contract expires on Dec. 31, 2023. 

By Yun Jeong-hyeon (clareyun@heraldcorp.com)