KAI is vying for place in the Top 10. Invests in R&D

By 2050, Korea Aerospace Industries is set to become the seventh largest aerospace company in the world. To accomplish this, the company plans to invest $1.2 billion in R&D over the next 5 years to accomplish sales of $32.3 billion and compete with Boeing. These plans were announced by KAI president Kang Gu-young at a ceremony under the crucial name “Global KAI 2050".