Korea’s KF-21 jostles with Russian, European rivals for fighter jet deals Malaysia is weighing the purchase of up to 30 Boramae fighter jets as Korea’s homegrown aircraft, looking for its first export order, also draws interest from the UAE, Indonesia and the Philippines. 2026.6.30
Hanwha Aerospace to boost KAI stake to 10 percent The 500 billion won share purchase deepens Hanwha Aerospace’s partnership with Korea Aerospace Industries as the two expand cooperation in fighter jets and broader defense projects. 2026.6.16
Korea's SpaceX? Hanwha raises stake in KAI above 6% in bid to become aerospace behemoth Local conglomerate Hanwha Group is increasing its stake in Korea Aerospace Industries (KAI) above 6 percent, accelerating its push to build an integrated aerospace and defense powerhouse it hopes will become Korea's answer to SpaceX. 2026.5.26
Hanwha Group raises stake in KAI above 5 percent in global aerospace push Hanwha Group raised its stake in Korea Aerospace Industries (KAI) above 5 percent on Monday as part of its push to establish a stronger footing in the global aerospace industry. 2026.5.4
Hanwha Group increases stake in KAI to expand cooperation in future aerospace projects Hanwha Group is increasing its stake in Korea Aerospace Industries (KAI) as it looks to strengthen its position in Korea’s aerospace and defense industry. Hanwha Aerospace acquired 2.67 million common shares in KAI in October last year. 2026.3.17
Hanwha Aerospace, KAI announce collaboration in defense, aerospace sectors Hanwha Aerospace and Korea Aerospace Industries (KAI) have agreed to cooperate in developing and exporting key products in the defense industry as well as the space and aviation sectors. 2026.2.6
KAI to upgrade KF-16 simulators under ties with Lockheed Martin Korea Aerospace Industries, Korea's sole aircraft manufacturer, said Monday it has been selected by U.S. defense giant Lockheed Martin as a partner to upgrade simulators for the Air Force's KF-16 fighter jets. 2025.11.10
Korea Aerospace joins 'K-Humanoid Alliance' for aircraft manufacturing robotics Korea Aerospace Industries (KAI), Korea's sole aircraft manufacturer, said Tuesday it has joined the "K-Humanoid Alliance," a government-led initiative to develop world-class manufacturing humanoid robot technology by 2030. 2025.8.12
KAI chief addresses Korea-Indonesia fighter jet project partnership challenges The partnership between Korea and Indonesia in developing the KF-21 Boramae fighter jet is critical for accessing broader Southeast Asian defense markets, according to Kang Goo-young, CEO of Korea Aerospace Industries (KAI). 2025.5.22
Korea Aerospace Industries signs $93.7M deal to export helicopters to Iraq Defense firm Korea Aerospace Industries (KAI) said Monday it has signed a 136 billion won ($93.7 million) deal to export the Korean Utility Helicopter (KUH) to Iraq. 2024.12.24
![Hanwha Group's office in Jung District, central Seoul [YONHAP]](https://image.koreajoongangdaily.com/12555470.jpg?imageId=12555470&width=240&height=184&format=webp&format=jpg)
![Hanwha Group's building in Jung District, central Seoul [HANWHA GROUP]](https://image.koreajoongangdaily.com/12520075.jpg?imageId=12520075&width=240&height=184&format=webp&format=jpg)
![A Hanwha Aerospace logo is seen in this illustration taken on July 26, 2025. [REUTERS/YONHAP]](https://image.koreajoongangdaily.com/12595695.jpg?imageId=12595695&width=240&height=184&format=webp&format=jpg)
![Cha Jae-byeong, CEO of Korea Aerospace Industries, left, and Son Jae-il, CEO of Hanwha Aerospace, pose for a photo after signing a memorandum of understanding for joint cooperation on future core projects to strengthen the global competitiveness of Korea’s defense industry on Feb. 5 at Hanwha Building in Jung District, central Seoul. [HANWHA AEROSPACE/KOREA AEROSPACE INDUSTRIES]](https://image.koreajoongangdaily.com/12433927.jpg?imageId=12433927&width=240&height=184&format=webp&format=jpg)
![An F-16 fighter jet takes off from Osan Air Base in Pyeongtaek, Gyeonggi, on Nov. 3. [JOINT CHIEFS OF STAFF]](https://image.koreajoongangdaily.com/12130956.jpg?imageId=12130956&width=240&height=184&format=webp&format=jpg)
![Korean and U.S. troops conduct a tactical maneuver after disembarking from a Surion helicopter during a joint air assault drill in Paju, Gyeonggi, on March 11. [JOINT PRESS CORPS]](https://image.koreajoongangdaily.com/12149158.jpg?imageId=12149158&width=240&height=184&format=webp&format=jpg)
![Kang Goo-young, CEO of Korea Aerospace Industries, speaks during an interview with the Defense Ministry’s joint press corps at the LIMA 2025 defense exhibition in Langkawi, Malaysia, on May 21. [KOREA AEROSPACE INDUSTRIES]](https://image.koreajoongangdaily.com/12400594.jpg?imageId=12400594&width=240&height=184&format=webp&format=jpg)
![Korea Aerospace Industries' KUH-1 Surion helicopter [DEFENSE ACQUISITION PROGRAM ADMINISRTATION]](https://image.koreajoongangdaily.com/10513089.jpg?imageId=10513089&width=240&height=184&format=webp&format=jpg)