Doosan Enerbility, KAI to cooperate on aero engine localization
Both sides aim to develop a 10,000 lbf autonomous aircraft engine and a 15,000 lbf manned and unmanned aero engine by 2030
By Dec 18, 2024 (Gmt+09:00)
LG Chem to sell water filter business to Glenwood PE for $692 million


Mirae Asset to be named Korea Post’s core real estate fund operator


KT&G eyes overseas M&A after rejecting activist fund's offer


StockX in merger talks with Naver’s online reseller Kream


Meritz backs half of ex-manager’s $210 mn hedge fund



South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understanding (MOU) to cooperate on aero engine localization.
Doosan Energy will develop the engine technology and KAI will build the systems of aircraft bodies.
The two companies plan to participate in the South Korean government's localization project for aircraft engines.
Only a handful of countries have their aero engine tech, including the US, the UK, France, and Russia.
The South Korean government is expected to decide on a specific plan and method for developing engines by the first half of next year.
Doosan Enerbility and KAI aim to develop a 10,000 pound force (lbf) autonomous aircraft engine and a 15,000 lbf manned and unmanned aero engine by 2030. These are engines sized for fighter jets.
Write to Hyung-Kyu Kim at khk@hankyung.com
-
EnergyDoosan Enerbility defies doubters about homegrown gas turbines
Sep 24, 2024 (Gmt+09:00)
3 Min read -
Aerospace & DefenseKAI inks $1.4 bn supersonic fighter jet mass production deal
Jun 25, 2024 (Gmt+09:00)
2 Min read