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Hanwha Builds a New Factory to Manufacture KF-21's Engine

Hanwha Builds a New Factory to Manufacture KF-21's Engine

Hanwha Aerospace will locally manufacture GE Aerospace (Former General Electric) F414-GE-400 engines for KF-21 Boramae 4.5-generation aircraft. The company held a groundbreaking ceremony at Changwon on 15 April 2024 to construct a 16,530m2 facility at $30 million. The factory will be operational by 2025 to produce approximately 300 engines annually under licence. The new engine factory is also expected to support the development of a new 15,000 lb-class turbofan engine for fighter aircraft as part of a national plan announced by the Defence Acquisition Program Administration (DAPA). The market for the domestic KF-21 demand is projected to surpass $1.58 billion, in addition to $1.76 billion allocated for export and maintenance. The engine is currently used at Boeing F/A-18E/F Super Hornet, HAL Tejas Mk2, KAI KF-21 Boramae and Saab JAS 39E/F Gripen aircraft.

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