Market Chatter: Korea Aerospace Shares Decline 3% After Securing Second KF-21 Fighter Jets Contract

MT Newswires Live

Jun 27

Shares of Korea Aerospace Industries (KRX:047810) fell nearly 3% on Friday after Yonhap News reported that the company signed a second contract worth 2.39 trillion won with the Defense Acquisition Program Administration to produce 20 additional KF-21 fighter jets, including logistics support.

According to the Thursday Yonhap News report, the latest deal follows a 1.96 trillion-won agreement in June for the first 20 units, with all 40 jets to be delivered by 2028. The Air Force is set to receive the first batch in the second half of 2026.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The Air Force is set to receive the first batch in the second half of 2026.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KF","symbol_name":"韩国基金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2546764236","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546764236","pubTimestamp":1750993145,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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