Hanwha Aerospace Crosses 5% KAI Stake, Declares Management Participation

Hanwha Aerospace raised its ownership of Korea Aerospace Industries (KAI) to 5.09%, crossing the 5% threshold that triggered a mandatory disclosure revising its investment purpose from "simple investment" to "participation in management." The company signaled plans to acquire an additional 500 billion won worth of KAI shares by year-end, which could lift its stake to around 8%. Hanwha is a primary KF-21 partner, producing engines under license and developing the AESA radar, IRST, and electro-optical targeting pod.