After a robust year, KAI vows to expand overseas business
Jan 28, 2016
After securing a multibillion-dollar project to produce homegrown fighter jets late last year, the nation’s sole aircraft manufacturer Korea Aerospace Industries said Thursday it would expand its global business, focusing on a U.S. program that plans to buy about 350 trainer aircraft.In a meeting with local investors and market analysts, KAI CEO Ha Sung-yong said it made 2.9 trillion won in sales last year with an operating profit of 28.57 billion won, calling it a record performance since its