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March 5, 2017

Triumph Group to integrate AMAD on Korean KF-X fighter aircraft

US-based aircraft manufacturing company Triumph Group has secured a new contract from Korea Aerospace Industries to deliver airframe mounted accessory drives (AMAD) for the new KF-X fighter aircraft.

By Lopamudra Roy

US-based aircraft manufacturing company Triumph Group has secured a new contract from Korea Aerospace Industries to deliver airframe mounted accessory drives (AMAD) for the new KF-X fighter aircraft.

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What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GD50 ADS
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The current deal is in support of the advanced and new air superiority fighter that is slated to fly for the first time in the middle of 2022 while commencing low-rate initial production in 2024.

The incorporation of AMAD on KF-X fighter aircraft is expected to benefit the Republic of Korea Air Force, as well as the Indonesian Air Force.

"The incorporation of AMAD on KF-X fighter aircraft is expected to benefit the Republic of Korea Air Force, as well as the Indonesian Air Force."

Triumph Integrated Systems executive vice-president Tom Holzthum said: “We are pleased to support the KF-X fighter programme, which will replace the aging Korean fleet of F-4s and F-5s, as well as equip the Indonesian Air Force.

“This win will allow Triumph to showcase the extensive capability and experience of our geared solutions business.”

Located in Park City, Utah, US, the Triumph Integrated Systems’ geared solutions site is used to design and develop the new AMADs.

AMADs receive and distribute engine power that helps operate generators, pumps and other aircraft systems, along with carrying the main engine starter turbine.

Headquartered in Berwyn, Pennsylvania, US, Triumph Group designs, engineers, produces, repairs and overhauls a wide range of aircraft structures, components, accessories, subassemblies and systems.

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Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GD50 ADS
Enter your details here to receive your free Report.

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