Samsung Aerospace
| Company type | Subsidiary (former) |
|---|---|
| Industry | Aerospace manufacturing |
| Predecessor | Samsung Precision |
| Founded | August 1, 1977 in South Korea |
| Defunct | 1999 |
| Fate | Integrated into Korea Aerospace Industries |
| Headquarters | Changwon , South Korea |
Area served | Worldwide |
| Products | Jet engines, aircraft structural components, helicopter development |
Samsung Aerospace Ind., Ltd. (SSA; Template:Korean) was a prominent aerospace manufacturer based in South Korea.
History
The company was initially founded as Samsung Precision (Template:Korean) on 1 August 1977, with a starting capital of ₩1 billion. Its first production facility, covering an area of approximately 100,000 square metres (1,100,000 sq ft), was established in Changwon, located in South Gyeongsang Province. Early on, the firm produced a range of items including cameras and lead frames; however, it gradually shifted its focus toward aerospace manufacturing. Reflecting this strategic change, the company adopted the name Samsung Aerospace Industries in February 1987. In 1996, SSA explored the possibility of acquiring the Dutch aircraft manufacturer Fokker, but this initiative was abandoned due to the economic challenges that South Korea faced in the late 1990s. Following the integration of its aircraft division with Korea Aerospace Industries (KAI) in 1999—alongside Daewoo Heavy Industries and Hyundai Space and Aircraft—the company rebranded itself as Samsung Techwin in March 2000.
Business activity
The company’s operations included manufacturing and servicing jet engines, encompassing the assembly of models such as the GE J85, CFM56, LM2500, and F404 engines. Additionally, in partnership with Pratt & Whitney, they were involved in producing the PW 4000 engine. SSA also supplied turbine blades for the GE CF6-80C to General Electric. Their production extended to aircraft structural components, including manufacturing stringers for Boeing and fabricating wing ribs for various airplane models.
The company engaged in a joint venture with Sermatech International focused on surface treatment services for turbine engine parts. In 1996, SSA entered into a collaboration with Bell Helicopter to jointly develop the Bell 427 helicopter. Furthermore, they worked alongside the Central Aerohydrodynamic Institute to advance the development of composite materials applicable to aviation.
During the early 1990s, SSA was responsible for delivering key assemblies and final assembly of F-16 Falcons for the Republic of Korea Air Force at their facility in Sacheon, operating under a license agreement with Lockheed Martin. The South Korean government and the United States cooperated on the development of the KAI T-50 Golden Eagle, a project executed through a joint venture between SSA and Lockheed Martin, initially known as the KTX-2.
References
External links
Lua error in mw.title.lua at line 359: bad argument #2 to 'title.new' (unrecognized namespace name 'Portal').
- Archived Samsung Aerospace website at the Wayback Machine (archived December 22, 1996)
Template:Samsung Lua error in Module:Authority_control at line 159: attempt to index field 'wikibase' (a nil value).
- Pages with script errors
- Articles with short description
- Pages with broken file links
- Commons category link is defined as the pagename
- Webarchive template wayback links
- Former Samsung subsidiaries
- Aircraft manufacturers based in South Korea
- South Korean manufacturing firms
- Companies founded in South Korea in 1977
- Defunct South Korean aircraft manufacturers
- Mergers and acquisitions of 1999
- Manufacturing companies closed in 1999
- Defunct aircraft manufacturers of South Korea