On the eve of the arrival in France of the Korean minister, Mme. Myeong-Sook
Han, and at the precise time when France and Korea are celebrating the 120th
anniversary of the establishment of diplomatic relations between the two
countries, the Korean government has given its final approval for the launch of
the new KHP military transport helicopter, developed in cooperation with
For an estimated total amount of 6 to 8 billion USD, this program which concerns
245 helicopters, represents the largest defense contract ever signed between a
European company and South Korea.
The aim of this program is to replace a fleet of currently-aging
American-manufactured corporate and transport helicopters.
Korea Aerospace Industry (KAI) will be the main contractor for this
unprecedented program. As first partner of KAI, Eurocopter will provide
technical assistance for the development of the aircraft as well as certain
sub-assemblies during the production phase.
In addition, the agreement between the two companies makes provision for the
export marketing of this helicopter via a joint company. The estimated contract
is in the order of 300 helicopters.
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