Ast announced it has acquired the business rights for the Embraer E-jet II fuselage production from Triumph Group for $115 million. The deal includes design rights and intellectual property, making Ast a Super Tier 1 supplier for the aircraft's fuselage.
South Korean aerospace parts maker AST has signed a $610 million contract with Triumph Group to perform final assembly of the fuselage for Embraer's E2 series aircraft. The contract runs until 2034.
Ast (KOSDAQ: 067390) signed a KRW 39.68 billion contract with Triumph Aerostructures LLC to supply fuselage parts for Bombardier G7000 and G8000 aircraft.
AST, a South Korean aerospace parts maker, signed a KRW 19.1 billion contract with French aircraft manufacturer Latecoere to supply parts for the Airbus A350. The contract represents 21.79% of AST's 2016 revenue.
AST (Aerospace Technology of Korea) signed a 675 billion won contract with Triumph Aerostructures to supply Embraer E2 aircraft parts through 2027.