Airbus and Boeing Fighting For $1.38 Billion South Korean Refueling Plane Contract

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Thomson Reuters

Airbus and Boeing are currently battling over a $1.38 billion South Korean refueling plane contract, which includes four refueling tanker aircraft.

The deal is expected to be closed by the end of the year and features the Boeing 767-based KC-46 up against Airbus’ A330 Multi Role Tanker Transport (MRTT).

With the growing tension between South Korea and North Korea, one of these two companies could be in for a big payday as tanker aircrafts are needed to refuel fighter jets as well as other warplanes during flight.

Marshall Smith

Technology, engineering, and design enthusiast.