LIG Nex1 attributed the earnings improvement to increased orders following the company's increase in production of core ...

Photo courtesy of LIG Nex1 SEOUL, Feb. 7 (UPI) -- South Korea's defense ministry said LIG Nex1 has won a $3.2 billion contract to export midrange surface-to-air missiles to Saudi Arabia.

LIG Nex1's CEO, Shin IckHyun, echoed the enthusiasm, stating, "Our acquisition of a majority stake in Ghost Robotics aligns perfectly with our vision to lead the future of defense and security ...

LIG Nex1 has been selected as the prime contractor for the next-generation medium-range surface-to-air guided weapon 'Cheongung III (M-SAM Block-III)'. According to the defense industry on the 28th, ...

Leonardo has been selected by South Korea’s LIG Nex1 as a strategic technology partner for prospective identification friend or foe (IFF) work, the company announced 7 November. The companies will ...

Globally renowned sensor solutions specialist, HENSOLDT will bring its latest technology capabilities in Identification-Friend-or-Foe (IFF) into the upcoming IFF modernisation programme of the South ...

The Defense Acquisition Program Administration (DAPA) in South Korea awarded LIG Nex1 a contract to improve the K745 Blue Shark lightweight torpedo. Shephard earlier reported that LIG Nex1 had been ...

LIG Nex1 is pushing hard to become a leading global defense firm in the 21st century beyond being simply a domestic defense systems provider, he stressed. A leading South Korean defense firm has ...

South Korea's LIG Corp., the holding company of LIG Group, will sell its munitions manufacturing unit, LIG Nex1, to a consortium led by domestic private-equity firm STIC Investment for 420 billion ...

SEOUL, Feb. 7 (UPI) -- South Korea's defense ministry said LIG Nex1 has won a $3.2 billion contract to export midrange surface-to-air missiles to Saudi Arabia. Under the deal signed late last year ...