Korea Aerospace Industries Ltd - Company Profile
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Korea Aerospace Industries Ltd (KAI) designs, develops, manufactures, and markets aircraft, fighter jets, satellite, space launch vehicles, and aero structure products. It also offers KT-1 basic trainer, FA-50 light combat aircraft, T-50 advanced jet trainer, KUH-1 utility helicopter and RQ-101 unmanned aerial vehicle flight control simulator training systems, airframes, and integrated military support. KAI provides flight test control and other technologies for unmanned aircraft development. It also provides MRO services for the aircraft and helicopters. The company offers upgrade and modification services for maritime patrol aircraft, P-3. It serves Korean Air Force and Navy, Boeing, and Airbus. KAI is headquartered in Sacheon City, Gyeongsangnam, South Korea.
Headquarters
South Korea
Address
78, Gongdan 1-Ro, Sanam-Myeon, Sacheon, 52529
Website
www.koreaaero.com
Telephone
82 55 8511000
No of Employees
3,530
Industry
Aerospace and Defense
Ticker Symbol & Exchange
047810 (KRX)
Revenue (2022)
$2.2B
8.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
85.4%
(2022 vs 2021)
Market Cap*
$3.5B
Net Profit Margin (2022)
XYZ
70.7%
(2022 vs 2021)
* As of and is in US$
Korea Aerospace Industries Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Fighter Jets | Upgrade and Maintenance |
| Aerostructures | Training and Simulation |
| Fighter Trainers | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to create an autonomous aerial vehicle and a single-seat version of its FA-50 light combat jet. |
| 2024 | Contracts/Agreements | In February, the company signed a memorandum of understanding with Diehl Defence to add the IRIS-T missile into FA-50/T-50 and KF-21 Block II aircraft. |
| 2024 | Contracts/Agreements | In January, the company secured a contract from Senegal to acquire FA-50 Fighting Eagle light combat aircraft from South Korea. |
Competitor Comparison
| Key Parameters | Korea Aerospace Industries Ltd | Northrop Grumman Corp | Leonardo SpA | Textron Inc | Jiangxi Hongdu Aviation Industry Co Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | Italy | United States of America | China |
| City | Sacheon | Falls Church | Roma | Providence | Nanchang |
| State/Province | - | Virginia | - | Rhode Island | Jiangxi |
| No. of Employees | 3,530 | 101,000 | 52,973 | 35,000 | 1,934 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hyun-Ho Ahn | Chief Executive Officer | Senior Management | 2017 | - |
| Jung Bo-Joo | Director | Non Executive Board | 2019 | - |
| Park Jong-Jin | Director | Non Executive Board | 2019 | - |
| Lee In | Director | Non Executive Board | 2019 | - |
| Won Yoon-Hee | Director | Non Executive Board | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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