{"id":3884,"date":"2025-08-29T13:06:33","date_gmt":"2025-08-29T05:06:33","guid":{"rendered":"https:\/\/bccmedianews.com\/?p=3884"},"modified":"2025-08-29T13:17:45","modified_gmt":"2025-08-29T05:17:45","slug":"astk-extends-supply-contract-with-turkiyes-tai-increase-in-order-backlog","status":"publish","type":"post","link":"https:\/\/bccmedianews.com\/?p=3884","title":{"rendered":"[E-Daily] ASTK Extends Supply Contract with T\u00fcrkiye’s TAI… Increase in Order Backlog"},"content":{"rendered":"\n

Published: August 29, 2025, 11:08 a.m. KST
Reporter: <\/em>So-hyun Kwon
Original Article<\/a><\/p>\n\n\n\n

Extended until 2028, backlog increases from KRW 43.5 billion to KRW 57.6 billion
Short-term contract ensures profitability and enables flexibility against market shocks<\/strong><\/p>\n\n\n\n

[E-Daily Marketin Reporter Kwon So-hyun] ASTK (067390) announced on the 29th that it has decided to extend its supply contract with Turkish aircraft manufacturer TAI (Turkish Aerospace Industries).<\/p>\n\n\n\n

The contract item between ASTK and TAI pertains to structural components used in Boeing’s \u201cB-737-MAX\u201d model, and this is an extension of the supply agreement originally signed in 2022. The extended contract period now runs through 2028. As a result of this contract, ASTK’s order backlog for TAI is expected to increase by approximately 32%, from KRW 43.5 billion (USD 31.32 million) to <\/strong>KRW 57.6 billion (USD 41.47 million), based on the first half of 2025.<\/p>\n\n\n\n

However, the amount of KRW 57.6 billion is the estimated total value of the entire contract. ASTK will manufacture and deliver products based on TAI’s purchase orders.<\/p>\n\n\n\n

An ASTK official stated, \u201cThis contract covers the rear fuselage \u2018Section 48\u2019 of the B737-MAX. While it includes some new items, it also contains parts we are already supplying. Therefore, it is a project that can generate immediate profit by reducing the large development costs typically incurred in the early stages of developing new order items.\u201d<\/p>\n\n\n\n

He added, \u201cUnlike other contracts that span over 10 years, this agreement is relatively short-term, allowing us to better respond to rapidly changing global trade conditions and the post-COVID collapse of the aviation industry ecosystem. As such, we expect to secure stable profitability.\u201d<\/p>\n\n\n

\n
\"\"
Photo: ASTK factory located in Sacheon, Gyeongsangnam-do<\/figcaption><\/figure>\n<\/div>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Published: August 29, 2025, 11:08 a.m. KSTReporter: So- […]<\/p>\n","protected":false},"author":256241814,"featured_media":3886,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[132878,132842,132862,132846,132874,132844],"tags":[133062,133186,133188,133224,133226],"class_list":["post-3884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-business-economy","category-corporate-insights","category-global-markets","category-mobility-automotive","category-technology","tag-astk-en","tag-aviation","tag-boeing","tag-tai","tag-turkiye"],"jetpack_publicize_connections":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pg46U3-10E","jetpack-related-posts":[{"id":2299,"url":"https:\/\/bccmedianews.com\/?p=2299","url_meta":{"origin":3884,"position":0},"title":"STX Engine Secures Overseas Contract for Armored Vehicle Diesel Engines\u2026 Pioneering Technology Transfer Market","author":"revieweditor","date":"2025\u5e7403\u670806\u65e5","format":false,"excerpt":"Contract Signing with Penske Australia First Defen\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/1-1.jpg?fit=752%2C434&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/1-1.jpg?fit=752%2C434&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/1-1.jpg?fit=752%2C434&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/1-1.jpg?fit=752%2C434&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4242,"url":"https:\/\/bccmedianews.com\/?p=4242","url_meta":{"origin":3884,"position":1},"title":"[E-Daily] ASTK Surpasses 1,000 Units of Boeing 737 Aft Fuselage Shipments","author":"revieweditor","date":"2025\u5e7410\u670816\u65e5","format":false,"excerpt":"ASTK confirms long-term delivery record for high-v\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/E-Daily.jpg?fit=670%2C447&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/E-Daily.jpg?fit=670%2C447&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/E-Daily.jpg?fit=670%2C447&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4286,"url":"https:\/\/bccmedianews.com\/?p=4286","url_meta":{"origin":3884,"position":2},"title":"[E-Daily Market In] Alpha Aero Acquires Aero Cotec, Major Shareholder of ASTK\u2026 Aircraft Parts Bolt-On","author":"revieweditor","date":"2025\u5e7410\u670821\u65e5","format":false,"excerpt":"Original Article 2025-10-21By So-hyun Kwon, Report\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/sft04_img05.jpg?fit=1000%2C700&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/sft04_img05.jpg?fit=1000%2C700&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/sft04_img05.jpg?fit=1000%2C700&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/10\/sft04_img05.jpg?fit=1000%2C700&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2526,"url":"https:\/\/bccmedianews.com\/?p=2526","url_meta":{"origin":3884,"position":3},"title":"[Edaily News]Boeing’s Production Normalization\u2026 Expectations Rising for AST’s Expanded Parts Supply","author":"revieweditor","date":"2025\u5e7403\u670827\u65e5","format":false,"excerpt":"2025.02.28 AST\u2019s Key Customer Boeing Faces Q4 Loss\u2026","rel":"","context":"\u5728\u201cBusiness\u201d\u4e2d","block_context":{"text":"Business","link":"https:\/\/bccmedianews.com\/?cat=132842"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/0005953509_001_20250228144611976.jpg?fit=670%2C383&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/0005953509_001_20250228144611976.jpg?fit=670%2C383&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/03\/0005953509_001_20250228144611976.jpg?fit=670%2C383&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3475,"url":"https:\/\/bccmedianews.com\/?p=3475","url_meta":{"origin":3884,"position":4},"title":"ASTK Delivers First Product to Israeli Defense Company","author":"revieweditor","date":"2025\u5e7407\u670810\u65e5","format":false,"excerpt":"Original Link: https:\/\/www.edaily.co.kr\/News\/Read?\u2026","rel":"","context":"\u5728\u201cAsia Pacific\u201d\u4e2d","block_context":{"text":"Asia Pacific","link":"https:\/\/bccmedianews.com\/?cat=132878"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/IMG_9720-1-e1752108211692.jpg?fit=1176%2C911&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/IMG_9720-1-e1752108211692.jpg?fit=1176%2C911&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/IMG_9720-1-e1752108211692.jpg?fit=1176%2C911&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/IMG_9720-1-e1752108211692.jpg?fit=1176%2C911&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/07\/IMG_9720-1-e1752108211692.jpg?fit=1176%2C911&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":3078,"url":"https:\/\/bccmedianews.com\/?p=3078","url_meta":{"origin":3884,"position":5},"title":"ASTK Posts 75% Increase in Q1 Revenue\u2026 Three Consecutive Quarters of Profitability","author":"revieweditor","date":"2025\u5e7405\u670815\u65e5","format":false,"excerpt":"Revenue of KRW 64.3 Billion, Operating Profit of K\u2026","rel":"","context":"\u5728\u201cBusiness\u201d\u4e2d","block_context":{"text":"Business","link":"https:\/\/bccmedianews.com\/?cat=132842"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/05\/image-1.png?fit=670%2C383&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/05\/image-1.png?fit=670%2C383&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/05\/image-1.png?fit=670%2C383&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/bccmedianews.com\/wp-content\/uploads\/2025\/08\/section01_bg03-e1756442843491.png?fit=1176%2C578&ssl=1","_links":{"self":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts\/3884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/users\/256241814"}],"replies":[{"embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3884"}],"version-history":[{"count":4,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts\/3884\/revisions"}],"predecessor-version":[{"id":3890,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/posts\/3884\/revisions\/3890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=\/wp\/v2\/media\/3886"}],"wp:attachment":[{"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bccmedianews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}