Hanwha Aerospace has inked a deal to supply aircraft engine parts to U.S. General Electric.
The company announced on Nov. 18 that it has signed a contract with GE to supply high-tech aircraft engine parts worth US$300 million.
Hanwha Aerospace will supply 46 types of components, including six types of high pressure compressor cases and high pressure turbine cases for GE's latest engine “GE9X” and 40 types of high pressure turbine cases for the “LEAP” engine. Under this agreement, parts for GE9X engine will be supplied until 2024 and LEAP engine parts by 2025.
Earlier this month, Hanwha Aerospace entered into a contract with Rolls-Royce of the United Kingdom to supply 1.2 trillion won turbine parts for Trent engine from 2021 to 2045.
Hence, the company has won orders for aircraft engine parts worth more than US$20.1 billion from GE and P&W of the U.S., and Rolls-Royce of the U.K. over the last five years.