Dynamic Duo: Airbus And Korea Aerospace Forge Deal For Light Armed Helicopter Mass Production

Airbus SE EADSY said its Helicopter unit inked a pact with Korea Aerospace Industries to initiate the serial production phase of the Light Armed Helicopters, or LAH.

LAH is the next-generation 5-tonne class helicopter developed to meet Korea’s requirements for local deployment in civil and military sectors. 

Deliveries will begin at the end of 2024, with follow-on orders to continue into the next decade.

Also Read: Airbus Mulls Selling Stake In Brazil-Based Helibras: Report

In December last year, Korea Aerospace received a contract from the government to supply an initial batch of 10 LAH to the Republic of Korea Army. Airbus Helicopters will support KAI’s order fulfillment via mass production.

Airbus and KAI started their long-standing industrial partnership in 2006 when the two companies jointly worked on the Korean Utility Helicopter Surion, followed by the development of the LAH.

The partnership between Airbus Helicopters and Korea Aerospace has delivered around 300 kits to date. 

Also See: Airbus Helicopters Gets Chinese Authorization For H175 Deliveries

Price Action: EADSY closed higher by 1.18% to $36.49 on Wednesday.