KAI fights for a place in Top 10. Invests in R & D

By 2050, Korea Aerospace Industries is to become the seventh largest aviation 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 US$32.3 billion sales and compete with Boeing. These plans were announced by KAI president Kang Gu-young during a ceremony called "Global KAI 2050".