KAI says wins $450 million supply deal for Boeing's 737 jets

South Korean plane maker Korea Aerospace Industries (KAI) <047810.KS> said on Monday it had secured a 505 billion Korean won ($449.41 million) order to supply parts for Boeing's B737 jets from 2015 to 2021.

The agreement is an expansion of an existing 2004-14 order to supply 1,170 "Horizontal Stabilizer & Vertical Fins" used in the tails of the B737 models, KAI said in a regulatory filing. ($1 = 1123.7000 Korean won)

(Reporting by Hyunjoo Jin; Editing by Paul Tait)