South Korean police raided Korea Aerospace Industries headquarters on Friday in connection with two Indonesian nationals accused of leaking technology related to a fighter jet project, according to a police official.
South Korean police searched the headquarters of Korea Aerospace Industries (KAI) (047810.KS) on Friday in connection with two Indonesian nationals accused of leaking technology relating to a fighter jet project, according to a police official.
The two engineers are accused of violating South Korea’s Defense Acquisition Program Act and disclosing technology pertaining to the KF-21, South Korea’s homegrown fighter jet that receives some support from Indonesia.
According to an officer from Gyeongnam Provincial Police’s security investigation division, the raid began on Thursday and is still ongoing.
An aerospace spokeswoman stated that the company was “actively cooperating” to guarantee that it could offer whatever information was required for the police inquiry to determine the truth.
The KF-21, created by Korea Aerospace Industries, is intended to be a less stealthy alternative to the US-built F-35, on which South Korea relies.
An Indonesian foreign ministry official said last month that the Southeast Asian country’s administration was gathering evidence about the claims.
The KF-21 was a strategic initiative for both countries, and any issues that arose as a result of this collaboration would be handled as best as possible, according to the Aerospace spokeswoman.
South Korea and Indonesia settled a budget disagreement for the collaborative fighter jet in 2022 and have since pledged to strengthen defense cooperation.
There have been concerns in South Korea that the country’s restrictions are insufficient to prohibit attempts to funnel technologies from high-tech businesses. Last year, the Sentencing Commission, which is governed by the Supreme Court of Korea, voted to toughen sanctions and prolong prison sentences for technology leaks.
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