South Korean aerospace structure manufacturer HizeAero (KOSDAQ:221840) secured an order from Korea Aerospace Industries (KRX:047810) to assemble a Boeing 787, according to a Monday filing with the Korea Exchange.
The contract, valued at 78.1 billion won, is valid until Dec. 31, 2030.
Shares of HizeAero jumped nearly 10% in recent trade while those of Korea Aerospace Industries fell about 1%.
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