STX Engine Signs 53.3 Billion KRW Contract for Overhaul of Defense Engines

[Asia Economy Reporter Park Junyi] STX Engine announced on the 1st that it has signed a contract with Hyundai Rotem Co., Ltd. for overhaul and maintenance of defense engines worth 53,274,210,000 KRW. This amount corresponds to 9.08% of the consolidated sales as of the end of last year.