Korea Aerospace Industries

Korea Aerospace Industries, Ltd.
Native name	한국항공우주산업주식회사
Company type	Public
Traded as	KRX: 047810
Industry	Aerospace; Defense;
Predecessors	Daewoo Heavy Industries; Hyundai Space and Aircraft; Samsung Aerospace;
Founded	1 October 1999
Headquarters	78, Gongdanro 1-ro, Sanam-myeon, Sacheon-si, Gyeongsangnam-do, South Korea
Area served	Worldwide
Key people	Kang Goo-young (CEO);
Products	Fixed-wing aircraft; Helicopters; Satellites; Simulators; Space launch vehicles; Unmanned aerial vehicles;
Revenue	₩2.7869 trillion (2022)
Operating income	₩141.6 billion (2022)
Net income	₩115.9 billion (2022)
Total assets	₩7.7724 trillion (2022)
Total equity	₩1.4532 trillion (2022)
Owner	Export–Import Bank of Korea (26.41%); National Pension Service (9.97%); Fidelity Management & Research (7.27%); Employee stock ownership (1.57%); Other (0.04%);
Number of employees	5,072 (September, 2023)
Subsidiaries	Aviosys Technologies; Korea Aviation Engineering & Maintenance Service; S&K Aerospace;
Website	Official website in English; Official website in Korean

Korea Aerospace Industries, Ltd. (KAI; Korean: 한국항공우주산업; Hanja: 韓國航空宇宙産業; RR: Hanguk Hanggonguju Saneop) is a South Korean aerospace and defense company. It was originally established as a joint venture of Daewoo Heavy Industries' aerospace division, Samsung Aerospace, and Hyundai Space and Aircraft.^[1]^[6] During 1999, KAI became more independent of its founding members, acquiring their aerospace interests at the behest of the South Korean government following the financial troubles of these companies that had resulted from the 1997 Asian financial crisis.^[7]

KAI has developed various aerospace products, including the Korean Space Launch Vehicle-II (KSLV-II) and various satellites. It has been involved in the production of several foreign-designed aircraft via licensing arrangements, such as the MBB/Kawasaki BK 117, MBB Bo-105 KLH, and the KF-16. KAI has also developed and produced its own aircraft designs, including the KT-1 Woongbi and T-50 Golden Eagle training aircraft, the KC-100 Naraon general aviation aircraft, and the KUH-1 Surion utility helicopter. Both the company's headquarters and several key manufacturing facilities are located in Sacheon, South Gyeongsang Province.

^ ^a ^b "Articles of Incorporation" (PDF). Korea Aerospace Industries. 29 March 2019. Archived from the original (PDF) on 5 January 2024. Retrieved 5 January 2024. p. 22–27
^ "About KAI". Korea Aerospace Industries. Archived from the original on 31 December 2023. Retrieved 31 December 2023.
^ ^a ^b ^c ^d ^e ^f ^g ^h ⁱ ^j "KOREA AEROSPACE 047810". FnGuide. December 2022. Archived from the original on 23 January 2024. Retrieved 23 January 2024.
^ "한국항공우주산업(주)". Job Korea. 30 September 2023. Archived from the original on 1 January 2024. Retrieved 1 January 2024.
^ "Commercial Aircraft MRO". Korea Aerospace Industries. Archived from the original on 2 January 2024. Retrieved 2 January 2024.
^ Lee Duk-ju (28 September 2012). "상업용 민간 무인항공기 보급 기반 구축 기획 최종보고서". Ministry of Land, Transport and Maritime Affairs. Archived from the original on 30 December 2023. Retrieved 30 December 2023. p. 97
^ Jaewoo Kim, Sangryul Shim (31 August 2020). "A Case Study on the Evolutionary Development of U.S Unmanned Aerial Vehicles (UAVs): Focusing on Tactical/Strategic Fixed-wing UAVs". Journal of Advances in Military Studies. Archived from the original on 29 December 2023. Retrieved 29 December 2023. p. 7