Leader in the localization of parts, YEONHAB PRECISION
Founded in 1980 with the aim of "localization development of defense parts," Yeonhab Precision has successfully completed the localization development of 30,000 core parts since it is foundation, reducing the defense budget by about 1 trillion won compared to overseas imports.
Yeonhab Precision's passion for localization of key components and it is constant efforts are a remarkable achievement.
|Items for localization||After localizationNumber of total items for delivery||Amount after development (in million Won)||Saving in national defense budget|
|Revenues||Amount of deliveries||Saved amount|
|Localization of national stocknumber item (Cable assembly)||Certificate of development3,153 items||1,247,124||912,955||334,168||About 330 billion won in foreign currency spending is saved by localization compared to the unit price of existing imports|
|Application of Weapon System for Localized Parts Development Products||2,721,262 items||2,370,391||1,698,909||671,482||Foreign currency spending of about 670 billion won is saved by applying localized developments to imports of various weapons systems|