[1] The company was originally established as Samsung Precision (Korean: 삼성정밀공업; Hanja: 三星精密工業; RR: Samseong Jeongmil Gongeop) on 1 August 1977 with initial capital of ₩1 billion, and began constructing its first factory, a facility of 100,000 square metres (1,100,000 sq ft), in Changwon, South Gyeongsang Province.

[3][4] In 1996, SSA was considering to acquire Dutch aircraft manufacturer Fokker, but the plan was scrapped because of the economic problems emerging in South Korea in the late 90s.

[1] SSA also sold turbine blades for the GE CF6-80C to General Electric,[8] produced stringers for Boeing[9] as well as other components such as wing ribs for various aircraft.

[10] They had a joint venture with Sermatech International for services related to the treatment of surfaces for turbine engine components.

[13] In the early 1990s, SSA provided major assemblies and mate through delivery of F-16 Falcons for the Republic of Korea Air Force from its plant in Sacheon under license to Lockheed Martin.