# Hanwha Aerospace wins USD 174M parts supply deal from Vertical Aerospace

Hanwha Aerospace won a 235.6 billion-won (USD 174 million) component supply deal from British aircraft manufacturer Vertical Aerospace Ltd. to provide tilting and blade system components for the VX4 eVTOL aircraft until 2036.

- Type: Contract
- Announced: 2023-10-19
- Where: South Korea
- Value: $174.0M
- Status: completed
- Products: tilting and blade system components, electromechanical actuators
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Hanwha Aerospace](https://endata.com/companies/5761.md) (supplier)
- [Vertical Aerospace](https://endata.com/companies/32094.md) (customer)

## Sources

- [en.yna.co.kr](https://en.yna.co.kr/view/AEN20231019003900320), 2023-10-19: "Hanwha Aerospace Co. said Thursday it won a 235.6 billion-won (US$174 million) component supply deal from British aircraft manufacturer Vertical Aerospace Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.