Korea Aerospace Industries, Ltd. (047810.KS)

South Korea police raid Korea Aerospace office over suspected fighter jet tech leak

South Korean police raided the head office of Korea Aerospace Industries (KAI) on Friday in connection with two Indonesian nationals accused of leaking technology related to a fighter jet project, a police official said. The two engineers are accused of breaching South Korea's Defense Acquisition Program Act and leaking technology related to the KF-21, South Korea's homegrown fighter jet that is partially backed by Indonesia. The raid started on Thursday and was continuing for a second day, an official at the security investigation bureau of Gyeongnam Provincial Police told Reuters.