Airbus signs 3 billion USD deal with South Korea

Noam Stiekema

Airbus signs 3 billion USD deal to supply helicopters to South Korea. The Toulouse-based company is in negotiations and close to sign an important deal for the supply of machines are nearing completion. The deal is at least 3 billion USD and can even increase according to the contract options. According to the information the […]

Airbus helicopters

Airbus helicoptersAirbus signs 3 billion USD deal to supply helicopters to South Korea. The Toulouse-based company is in negotiations and close to sign an important deal for the supply of machines are nearing completion. The deal is at least 3 billion USD and can even increase according to the contract options. According to the information the contract is for development and construction of military and civilian helicopters. The competitor Bell Helicopter, which belongs to the American concern Textron, and the AgustaWestland of Italian Finmeccanica already dropped out of the race for the supply.

According to a preliminary information from the Korean side the conversations are conducted by local company Korea Aerospace Industries. The contract include and option for delivery of 600 helicopters, so the total value of the contract may exceed 10 billion. Dollars.

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