Korea Joongang Daily
Korea JoongAng Daily

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.

2026-03-17

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.

2026-02-06

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.

2025-08-12

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).

2025-05-22

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

KT, KAI and KT Sat sign MOU to develop 6G satellite systems

Mobile carrier KT signed a deal on Sunday with Korea Aerospace Industries (KAI) and its affiliate KT Sat to jointly develop low-orbit satellite communications systems for sixth-generation (6G) wireless technology.

2024-11-03

With new space cluster, Yoon vows to boldly go where Korea has never gone before

President Yoon Suk Yeol pledged to boost Korea's aerospace development budget to more than 1.5 trillion won by 2027 during an event to launch a new space industry cluster on Tuesday.

2024-03-13

Police to investigate Indonesian engineer for suspected jetfighter tech theft

An Indonesian engineer suspected of attempting to steal technologies related to the domestically developed KF-21 fighter jet has been referred to police by the state arms procurement agency for investigation, defense officials said Thursday.

2024-02-22

Indonesian engineers may have stolen key fighter jet technologies

An investigation is in full swing after the recent revelation that Indonesian engineers dispatched to KAI for joint development of the KF-21 fighter jets allegedly stole related technologies. More than 6,000 files were reportedly saved on the USBs.

2024-02-08