For Korea’s Aerospace Industry, Competitiveness Should Trump Ownership
Fourteen years ago, Korea Aerospace Industries (KAI) was hard to sell even when it was up for sale.…
South Korea’s Hyundai Rotem, KAI Advance KF-21 Missile Development
Hyundai Rotem and Korea Aerospace Industries (KAI) have partnered to develop long-range air-to-air missile technology for…
Hyundai Rotem, KAI Team Up on Long-Range Air-to-Air Missile
Cho Hyung-jun (left), head of Hyundai Rotem’s AD&RH Business Division, and Kim Yong-min, head of Korea Aerospace Industries’…
KAI Union Warns of “All-Out Fight” If South Korea’s Antitrust Regulator Approves Hanwha’s Stake — BigGo Finance
The labor union of Korea Aerospace Industries (KAI) is strongly opposing Hanwha Group’s attempt to participate in management,…
KAI Union Urges Regulator to Block Hanwha Merger, Vows Fight
A view of KAI headquarters. Photo courtesy of KAI The labor union of Korea Aerospace Industries (KAI) has…
Hanwha Systems Posts Record Q2 Operating Profit of ₩103.7 Billion as Defense Exports Reshape Business — BigGo Finance
Hanwha Systems (272210) posted a record quarterly operating profit of ₩103.7 billion (approximately $71.0 million) on a consolidated…
Hanwha Systems posts Q2 operating profit of 103.7 billion won, up 219 percent
[Photo: Hanwha Systems] Hanwha Systems posted second-quarter revenue of 1.12 trillion won and operating profit of 103.7 billion…
South Korean Defense Stocks Slump in First Half; Second-Half Rebound Hinges on Order Momentum — BigGo Finance
Despite the prolonged geopolitical tensions in the Middle East, the share price performance of South Korea’s major defense…
Hanwha Unveils First Domestically Developed Unmanned Aircraft Engine, Solving South Korea’s ‘Final Puzzle’ in Defense — BigGo Finance
Hanwha Aerospace has taken the first step toward the long-cherished goal of “engine localization” for South Korea’s aviation…
Hanwha Nears 15% Stake in KAI With approximately $332 Million Additional Purchase, Accelerating Takeover Scenario — BigGo Finance
Hanwha Group is once again accelerating its efforts to expand its stake in Korea Aerospace Industries (KAI), adding…
South Korea’s ‘Sovereign’ Fighter Was Built to Escape Washington. It Flies on American Engines
For years, South Korea’s KF-21 Boramae looked like a fighter no one would buy. Now Indonesia, the Philippines,…
Hanwha Aerospace Accelerates Aircraft Engine Independence with $26.4 Million Smart Factory — BigGo Finance
Hanwha Aerospace is accelerating the localization of aircraft engine production through the establishment of a smart factory with…