U.S. Boeing's latest F-15EX fighter jet / Image captured from Boeing's homepage

By Kim Hyun-bin

Huneed Technologies has signed a contract with Boeing to supply parts for the latter's top-of-the-line F-15EX fighter jet.

Huneed will supply 50 different types of electrical panels for F-15EX fighter jets by 2024, valued at around 16 billion won ($13.5 million), which corresponds to the first chipsets, or total quantity of parts needed, for the production of 30 fighters.

The F-15EX is Boeing's new fourth-generation plus fighter jet, and the first F-15 introduced to the U.S. Air Force (USAF) in more than 20 years. The USAF awarded Boeing a $22.8 billion contract to supply the F-15EX fighter jets in July 2020. Boeing will deliver from 144 up to 200 F-15EX combat aircrafts to the USAF.

As Huneed will be exclusively supplying electronic panels for the first batch of the F-15EX fighters that are to be introduced to the USAF by 2024, it is highly likely that the remaining batches will be awarded to Huneed as well.

"The F-15EX's characteristic is its reduced development costs by upgrading a version of the advanced F-15E model. Huneed has been supplying airborne electrical systems for the Saudi Arabian export type (F-15SA) and the Qatar export type (F-15QA) since 2013. This excellent supply track record and competitiveness has resulted in Huneed being awarded this contract," officials at Huneed said

With the introduction of the F-15EX, the USAF plans to operate F-15 jets up to 2040, which will make the F-15 one of the longest-running models in operation, for over 70 years. Accordingly, Huneed is also expected to consolidate its strategic partnership with Boeing based on long-term, trusted business relations.