# Who are Korea Aerospace Industries's customers? Who does Korea Aerospace Industries earn revenue from?
Canonical: https://valuechain.wiki/kai · Facet: customers · Updated: 2026-07-12T08:30:39.216216+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Korea Aerospace Industries's confirmed revenue counterparties include Boeing, Airbus plus 3 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 revenue edges, backed by 9 dated sources, 2 of them primary filings (as of 2026-07-12).

### 폴란드 정부 (군비청) (high)
- metric: Amount $3B · 2022-2028 · FA-50 48-unit export contract (Polish Armaments Agency)
- note: Exported 48 FA-50 light combat jets ($3B, 2022 contract). 12 FA-50GF delivered in 2023, 36 FA-50PL from 2025 to 2028.
- [confirms] KED Global (EN, news, published 2023-07-13) https://www.kedglobal.com/aerospace-defense/newsView/ked202307130021: "KAI signed a $3 billion deal for 48 FA-50s with Poland's Agencja Uzbrojenia in September 2022, delivering 12 in 2023 and the remaining 36 from 2025 to 2028."

### 필리핀 정부 (공군) (high)
- metric: Amount $700M · FY2025 · FA-50 12-unit export contract (Philippine Air Force)
- note: Exported 12 FA-50s to the Philippine Air Force ($700M, June 2025), South Korea's largest defense export deal of the year.
- [confirms] Army Recognition (EN, news, published 2026-01-06) https://www.armyrecognition.com/news/aerospace-news/2026/philippines-requests-kf-21-fighter-jet-delivery-from-south-korea-between-2027-and-2029: "Reports, citing a KAI official, that the Philippines requested KF-21 delivery in 2027-2029, building on a June 2025 contract with KAI for 12 FA-50PH aircraft worth about $700M, confirming the Philippine Air Force as a current KAI revenue customer."
- [confirms] KED Global (EN, news, published 2025-06-04) https://www.kedglobal.com/aerospace-defense/newsView/ked202506040003: "KAI on June 4, 2025 signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippine Air Force."

### Boeing (high)  → /boeing.md
- metric: Amount $105M · 2023-2030 · Boeing 767/777/787 landing-structure supply contract
- note: Supplier of aerostructures for Boeing commercial jets: landing structures for the 767/777/787 (2023-2030, about $105M) and the 787 center wing box via tier-1 Subaru (2022-2038, about $754M).
- [confirms] DART (FSS) (KO, filing, published 2025-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20250318001423: "The annual report lists aerostructure exports to Boeing among core revenue lines."
- [confirms] KED Global (EN, news, published 2023-02-28) https://www.kedglobal.com/us/aerospace-defense/newsView/ked202302280024: "KAI signed a $105 million agreement with Boeing to manufacture landing components for B767, B777 and B787 aircraft between 2023 and 2030."
- [confirms] The Korea Herald (EN, news, published 2020-07-21) http://www.koreaherald.com/view.php?ud=20200721000810: "KAI signed a $754 million deal to supply 787 center wing boxes from 2022 to 2038, delivering to Boeing's tier-1 vendor Subaru as a tier-2 supplier."

### 대한민국 정부 (방위사업청) (high)
- note: Largest domestic defense customer for KF-21 production, Surion and LAH. Signed KF-21 initial-production contract in 2025.
- [mentions] KB, LS, Hi Investment Securities (KO, research, published 2026-05-01) https://news.nate.com/view/20260107n05651: "KF-21 export ramp; targets KRW 151,000-250,000 (Buy: KB, LS, Hi)"
- [confirms] DART (FSS) (KO, filing, published 2026-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318001461: "FY2025 consolidated revenue KRW 3,625.2bn, operating income 2,683억."
- [confirms] DART (FSS) (KO, filing, published 2025-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20250318001423: "KAI's regular business report, covering its complete-aircraft, aerostructures and space segments and its main customers including DAPA."

### 한국수출입은행 (최대주주 26.41%) (high)
- note: The governance axis tying KAI as a national defense/aerospace strategic asset — state-owned Korea Eximbank is the largest shareholder at 26.41%. Government-linked ownership underpins the stability of domestic defense programs (KF-21, Surion) and export-policy support.
- [confirms] DART (FSS) (KO, filing, published 2026-03-18) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260318001461: "Largest shareholder Korea Eximbank 26.41%."

### Airbus (mid)  → /airbus.md
- metric: Amount $1.2B · 2014-2025 · A320 wing bottom panel supply
- note: Supplier of Airbus A320 wing structures, producing A320 wing bottom panels from 2014 to 2025 (about $1.2B).
- [confirms] Airport Technology (EN, news, published 2012-03-21) https://www.airport-technology.com/uncategorized/newskai-wins-12bn-wing-parts-production-order-from-airbus/: "KAI won a $1.2bn contract to supply wing bottom panels for Airbus A320 jets manufactured from 2014 to 2025."

Reverse side: https://valuechain.wiki/kai/suppliers.md · Ripple: https://valuechain.wiki/kai/ripple.md

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