South Korea's benchmark KOSPI surged 75.63% last year, becoming the best-performing index among major economies, according to ...

Korea Aerospace Industries said it has signed a $340 million contract to supply wing ribs for Airbus's long-haul, wide-body ...

Hanwha Aerospace has signed an execution contract worth about 5.6 trillion won ($4 billion) to supply Chunmoo guided missiles ...

The stratospheric drone, independently developed by the Korea Aerospace Research Institute (KARI), is a solar-powered drone ...

The news: Nickel Industries shares surged in early trading after South Korea's Sphere Corp agreed to buy a 10% stake in its ...

SEOUL – Korea Aerospace Industries Ltd. (KAI), a South Korean aircraft manufacturer, said Friday it has signed a deal with ...

The Philippines has signed a contract with Korea Aerospace Industries (KAI) to upgrade its air force’s existing fleet of 11 FA-50PH light combat aircraft. Valued at KRW93 billion ($64 million), the ...

SEOUL, Dec. 26 (Yonhap) -- Korea Aerospace Industries Ltd. (KAI), a South Korean aircraft manufacturer, said Friday it has ...

Korea Aerospace Industries (KAI) has secured a W686 billion ($465 million) contract from Seoul's defence procurement agency to expand the KF-21 fighter's weapons capability beyond air-to-air systems, ...

After nearly a year, the government has finalized the administrative procedures for developing a methane-based, reusable next ...

Observers urge South Korea to integrate itself into European supply chains by increasing production localisation to maintain ...

Korea's first fighter jet, built with domestic technology, is expected to be delivered to the Korean Air Force in 2026, a ...