# KEXIM weighs sale of 26.4% KAI stake as aerospace revenue lags peers *The state policy lender opened talks on an 1.8 billion won study while Hanwha holds a rival 15.89% position in South Korea's sole military plane maker.* **Published:** November 11, 2026 **By:** Hyun-jung Lee **Section:** Shipbuilding & Defense — South Korea **Format:** Policy Tracker **Confidence:** medium **Source:** https://eastasiabrief.com/shipbuilding/kexim-weighs-sale-26-4-kai-stake-aerospace-revenue-1339 **Publisher:** East Asia Brief (https://eastasiabrief.com/) --- ## What to know - KEXIM reviews aerospace industrial strategy under an 1.8 billion won study - KAI five-year revenue grew 30.8% against a 200.9% average across domestic defense rivals - A.T. Kearney aerospace governance consulting contract concludes in February 2027 ![Workers in hard hats inspect and assemble a fighter jet inside a Korea Aerospace Industries manufacturing facility. (AI-generated image)](https://eastasiabrief.com/media/2026-11-11-ae54107d215e.webp) *Workers in hard hats inspect and assemble a fighter jet inside a Korea Aerospace Industries manufacturing facility. (AI-generated image)* Export-Import Bank of Korea moved forward Nov. 11 with negotiations over an 1.8 billion won ($1.3 million) aerospace policy review, accelerating debate over the potential sale of its 26.41% stake in Korea Aerospace Industries. The state lender has controlled 26.41% of the plane maker since 2016. Korea Aerospace Industries, known as KAI, is South Korea's sole developer and assembler of military airframes, including the KF-21 fighter jet and FA-50 light attack aircraft. *The rest of this briefing is for members. Creating an account is free. [Continue reading](https://eastasiabrief.com/shipbuilding/kexim-weighs-sale-26-4-kai-stake-aerospace-revenue-1339).* --- Cite as: East Asia Brief, "KEXIM weighs sale of 26.4% KAI stake as aerospace revenue lags peers," November 11, 2026. https://eastasiabrief.com/shipbuilding/kexim-weighs-sale-26-4-kai-stake-aerospace-revenue-1339