IAI will establish a conversion site for 777-ERSF Big Twin aircraft to cargo planes

IAI's Aviation Division signed a memorandum of understanding this morning with Sharp Technics (Sharp) and Incheon International Airport to establish a conversion site for 777-ERSF Big Twin aircraft. As part of the collaboration, IAI plans to convert from 2024 about six Boeing 777-300ERs, and LR777-200s per year. The establishment of conversion sites around the world is required in response to the expected demand for wide-body cargo planes with long flight range.
IAI's Aviation Division is currently developing the conversion of 777s, whose licensing process is expected to be completed during 2023. The 777s, which are the future generation of cargo planes, are expected to join IAI's conversion family, which currently includes Boeing 747s, 767s. , NG737 and the classic 737.
IAI's Vice President and Director of Aviation, Yossi Melamed: "IAI's Aviation Division is a world leader in the field of converting wide-body cargo aircraft from the configuration of passenger aircraft to cargo configuration, and operates conversion lines in Israel and at various sites abroad. Signed today with Sharp And Incheon International Airport is a direct continuation of many collaborations between IAI and companies in South Korea, emphasizing the company's confidence in Korean capabilities to set up a conversion site in the required time, while training the appropriate manpower.
 In recent years the aerospace industry has outsourced the production of its leading executive aircraft wings, the main section and tail parts to Korean companies. I look forward to continuing and expanding strategic collaborations with Korean companies and the South Korean government. "
President Kim Kyung-wook of Incheon International Airport Corporation: "Opening the first line to convert Boeing's giant aircraft into a cargo passenger configuration, with the help of IAI's advanced technology, will greatly contribute to local industry and the growth of the national and regional economy. Thanks to Incheon Airport's advanced infrastructure And other companies in the MRO field.We will continue to contribute to creating competitiveness in the Korean aviation world.
CEO & President Soon-Suk Paik of Sharp Technics K: "The process of converting an aircraft from a passenger configuration to a payload requires high costs, advanced technology, local licensing and skilled manpower. All of these reflect the barriers facing those who want to enter the MRO world. "Sharp is a private company, and we will make every effort to contribute to the development of the Korean aviation industry."
IAI is a national and global technology hub in the areas of assault missiles, air defense, radars, satellites, remotely manned aircraft, aviation and cyber. The company has extensive operations in South Korea focused on aircraft and helicopter improvements, airborne and ground-based radar systems, navigation and optronics and ML " Over the next few years, collaborations will also be expanded to mission aircraft, strategic UAVs and VTOL UAVs and roving and accurate armament systems.
IAI Aviation Division is one of the leading conversion houses in the world. The division consolidates under it all the operations of manned aircraft, military and civilian, in the aerospace industry; Conversion of passenger aircraft to cargo, maintenance (MRO), executive aircraft, aerospace assemblies and structures, aircraft improvements and more. Its customers include the world's leading shipping companies: Amazon, DHL, Fedex and more.