7 stories found
The Korean Fair Trade Commission has granted regulatory approval for Hanwha Aerospace to acquire an additional 15.9 percent stake in Korea Aerospace Industries. The clearance paves the way for deeper corporate integration between the defense contractor and the nation’s primary aircraft manufacturer.
South Korean defense company Korea Aerospace Industries (KAI) Ltd. announced the completion of the delivery of six additional T-50i advanced trainer jets to Indonesia, fulfilling a contract signed in 2021.
Hanwha Group has acquired a 4.99 percent stake in Korea Aerospace Industries, Korea’s sole aircraft original equipment manufacturer, strengthening cooperation with the aerospace firm despite ongoing competition. According to a filing with the Financial Supervisory Service on Monday, Hanwha Aerospace and its subsidiaries acquired a combined 4.41 percent stake, while Hanwha Systems purchased an additional 0.58 percent, totaling 4.86 million shares. This is Hanwha’s first investment in KAI since Ha
BlackRock, the world's largest asset manager, has expanded its investments in South Korea by increasing its stakes in Korea Aerospace Industries and battery materials maker EcoPro to over 5 percent, becoming a major shareholder in both companies.
Hanwha Group affiliates have increased their stake in Korea Aerospace Industries (KAI) to 9.04 percent, making them the second-largest shareholder after the state-run Export-Import Bank of Korea, further solidifying Hanwha’s aerospace ambitions.
Korea Aerospace Industries said Friday it has completed the delivery of six additional T-50i advanced jet trainers to the Indonesian Air Force, bringing the total number supplied to the country to…
Hanwha Aerospace announced it has raised its stake in Korea Aerospace Industries (KAI) to over five percent, signaling deeper strategic cooperation in global exports and defense projects.