KFTC approves Hanwha’s acquisition of 15.89% stake in KAI

Aug 31, 2026 05:11 (21d ago)

The Fair Trade Commission approved Hanwha Group’s acquisition of a combined 15.89% stake in Korea Aerospace Industries, while Hanah Aerodynamics secured preliminary KOSDAQ review approval for an IPO.
Hanwha Aerospace holds 9.90%, Hanwha Systems 4.98% and Hanwha Aerospace USA 1.01%; Hanah reported 33.2 billion Korean won in sales and 2.4 billion Korean won in net profit last year.
Hanwha remains KAI’s second-largest shareholder behind the Export-Import Bank of Korea’s 26.41% stake, while Hanah plans to use listing proceeds for Gyeongnam production infrastructure and new facilities.

South Korea’s Fair Trade Commission approved Hanwha Group’s acquisition of shares in Korea Aerospace Industries on the 31st, raising its combined holding to 15.89% and making it KAI’s second-largest shareholder. Separately, Hanah Aerodynamics received preliminary KOSDAQ review approval from the Korea Exchange on the 2nd and will proceed with an IPO led by IBK Securities. The developments highlight continued expansion across South Korea’s aerospace and defense supply chain, from KAI’s aircraft and defense programs to Hanah’s aerospace-component manufacturing and planned production infrastructure.