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News of the Week] Hanwha acquires 4.99% stake in KAI
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News of the Week] Hanwha acquires 4.99% stake in KAI
Pictured above are KF-21 fighter jets produced by Korea Aerospace Industries. [Photo courtesy of Republic of Korea Air Force] South Korea’s Hanwha Group has acquired a 4.99 percent stake in Korea Aerospace Industries (KAI), marking its first reinvestment in the country’s sole aircraft manufacturer in seven years. According to regulatory filings on March 17, Hanwha Aerospace purchased a 4.41 percent stake in KAI, while Hanwha Systems recently acq…
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