Boeing opens new avionics facility in the Yeongcheon Industry District of Daegu-Gyeongbuk Free Economic Zone

Boeing formally opened a new avionics maintenance and repair center in the Yeongcheon Industry District of Daegu-Gyeongbuk Free Economic Zone on May 28th. The 10,000 ft facility will test and repair aircraft electrical systems, reducing repair times and yielding significant inventory cost savings for the Republic of Korea Air Force (ROKAF). The new facility underlines both Boeing’s growing role as a global enterprise and its participation in the growth of the domestic Korean aerospace sector. “This facility will enhance readiness of the ROKAF’s F-15K fleet by allowing rapid, affordable in-country support of the aircraft’s advanced systems,” said Leanne Caret, president for Boeing’s Global Services & Support. “There is also tremendous potential to expand work performed at this facility, by serving other global customers and supporting a variety of weapon systems.” In 2014, Boeing spent more than US$460m with Korean companies, creating and sustaining thousands of hi-tech jobs and maintaining Korea’s position within the top quartile of nations with which Boeing does business. About 25 Korean companies provided products and services for Boeing production and sustainment programs, research and development and a broad range of internal services supporting Boeing operations.