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The widening performance gap between Korea Aerospace Industries and its privately controlled defense rivals is fueling debate over whether a change in KAI's ownership structure could accelerate its growth, with Hanwha Ocean's turnaround offering a potential blueprint. According to a recent report by Leaders Index, KAI's revenue grew just 30.8 percent between 2020 and 2025 to 3.7 trillion won ($2.76 billion), far behind the industry's leading players. Hanwha Aerospace's revenue surged 401.8 perce

17 hours ago · koreaherald.com

The Korea HeraldFactualityFactuality is a Premium featureLean RightLean RightBased on the outlet's overall lean; article framing check pending

South Korea's defense industry faces a critical question as global arms makers consolidate to compete for increasingly complex, multibillion-dollar contracts: Can its fragmented aerospace and weapons businesses keep pace with larger international rivals? Hanwha Group's potential acquisition of Korea Aerospace Industries is one potential answer, bringing aircraft manufacturing, engines, radar systems, missiles and space technologies under a single corporate umbrella. Supporters argue the combinat

17 hours ago · koreaherald.com · You are reading this one