Huneed Technologies has won a bid for a supply contract with the Boeing Company for the supply of avionics for a transport helicopter model, H-47 Chinook. Huneed will be supplying avionics, valued at $120 million (approx. KRW140 billion) in total, to Boeing by 2022. The electronic and electric systems to be manufactured by Huneed are the core components of avionics installed in the cockpit and the interior of the helicopter to transmit electrical signals between the engine and the avionics systems. Chinook is a world-class heavy-lift helicopter that has been used in most of the wars that involved the US It is currently used by the US Army, as well as in some 25 other countries including the Republic of Korea, and more than 1,500 Chinooks have been manufactured to date. It is one of the main heavy-lift helicopters used by the US Army and the Allied Forces, and it has been used in Special Forces missions and post-disaster rescue missions worldwide. Due to such high demand, the sales of Chinook around the world are expected to continue well into the 2040s. Huneed, which began supplying avionics for the F-15 and F/A-18 combat jets to the US Navy and Air Force from 2013, has successfully expanded into the helicopter market with this contract.