LIG Nexl

Aerospace & Defense LIG Nex1, Electroninks to team up for component materials

South Korea's LIG Nex1 Co. said Tuesday it signed a memorandum of understanding (MOU) with the US-based Electroninks Inc. to research and develop ne...

Aerospace & Defense Korea’s LIG Nex1 to export unmanned surface vessel

GUMI, North Gyeongsang Province — South Korean defense maker LIG Nex1 Co. aims to export its unmanned surface vessel (USV) under development a...

Aerospace & Defense LIG Nex1, UK’s Babcock sign MOU to develop global MRO market

LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memorandum of understand...

Aerospace & Defense S.Korea’s LIG Nex1, Iraq set for $2.6 billion deal on M-SAM missile system

Iraq has decided to import South Korean-made mid-range surface-to-air missile (M-SAM) system II, known as Cheongung II, in a deal estimated at $2.6 ...

Aerospace & Defense LIG Nex1, Palantir join forces on AI weaponry

LIG Nex1 Co., a leading South Korean defense contractor, is teaming up with US artificial intelligence (AI) specialist Palantir Technologies to deve...

Aerospace & Defense LIG Nex1’s guided rocket passes US performance test

LIG Nex1 Co., a South Korean defense company, said on Monday that its Poniard guided rocket passed the final performance test in US Foreign Comparat...

Aerospace & Defense Hanwha Systems signs $867 million missile radar deal with Saudi Arabia

Hanwha Systems Co., a leading South Korean defense company, said on Tuesday it has clinched a $867 million deal to supply its advanced mobile multi-...

Korean stock market KB Securities downgrades LIG Nex1's investment opinion

KB Securities Co. on Tuesday raised the target price for LIG Nex1 Co. from 195,000 won ($140.4) to 200,000 won amidst a recent significant rise in...

ESG LIG Nex1 earns top Morgan Stanley ESG rating of AA for 2nd consecutive year

LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...

Aerospace & Defense LIG Nex1 participates in Malaysia's DSA 2024

South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...

Aerospace & Defense Innospace, LIG Nex1 to co-work for space, defense business

South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...

Pension funds Korea's military fund, LIG Nex1, IBK to form $60 mn defense fund

South Korea’s Military Mutual Aid Association (MMAA), a retirement savings fund for military personnel, will create an 80 billion won ($60 mil...

Aerospace & Defense LIG Nex1 inks $3.2 bn missile defense deal with Saudi Arabia

South Korea's major defense system developer LIG Nex1 Co. has clinched a $3.2 billion deal to export its latest missile interceptor to Saudi Arabia,...

Aerospace & Defense LIG Nex1, Hyundai Rotem to team up for Middle East export

South Korea's major defense maker LIG Nex1 Co. announced on Tuesday that it has signed a memorandum of understanding (MOU) with Hyundai Rotem Co. to...

Mergers & Acquisitions LIG Nex1 to buy quadruped robot maker Ghost Robotics for $240 mn

LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot develo...

Aerospace & Defense LIG Nex1 completes USV test facility

South Korea's LIG Nex1 Co. announced on Friday that it completed a system assembly test facility dedicated to unmanned surface vehicles (USV) in Gum...

Aerospace & Defense LIG Nex1 signs agreement with Megazone Cloud, AWS

South Korea's LIG Nex1 Co. announced on Thursday that it has signed a memorandum of understanding for the future space, defense cloud transition wit...

Aerospace & Defense LIG Nex1 participates in drone road show in Riyadh

South Korean leading defense company LIG Nex1 Co. took part in a drone-focused workshop "2023 Korea-Saudi Arabia Drone Road Show" in Riyadh, Saudi A...

Aerospace & Defense LIG Nex1 secures $75 mn contract for KSIS military ground segment

South Korean aerospace manufacturer and defense company LIG Nex1 Co. announced on Wednesday a $75 million (99.1 billion won) contract with the count...

Aerospace & Defense LIG Nex1 unveils AESA radar for FA-50 light fighter

A South Korean aerospace manufacturer and defense company has unveiled a prototype of an active electronically scanned array (AESA) radar mountable ...

Aerospace & Defense LIG Nex1, S.Korea's Air Force Academy sign future defense tech deal

LIG Nex1 Co. and Republic of (South) Korea Air Force Academy have agreed on close cooperation in joint research on defense technology and personnel ...

Aerospace & Defense LIG Nex1 to work with Romanian state-run defense supplier

South Korea's defense contractor LIG Nex1 Co. will join hands with ROMARM, a Romanian state-run defense company, to develop anti-aircraft missiles a...

Artificial intelligence LIG Nex1 opens AI research lab jointly with Korea Robot Institute

LIG Nex1 Co. said on Wednesday that it held an "AI Co-Lab" opening ceremony at the Seoul office of the Korea Institute of Robot and Convergence (KIR...

Aerospace & Defense LIG Nex1 signs contract for next-gen military radio system

LIG Nex1 Co. said on Thursday it has signed a contract worth 80 billion won ($63.1 million) with the Defense Acquisition Program Administration for ...

Aerospace & Defense LIG Nex1 signs maritime surveillance radar-II defense contract

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

Aerospace & Defense LIG Nex1, KAIST, HHI sign MOU for unmanned marine system partnership

South Korea's defense contractor LIG Nex1 Co. took part in the "2022 Yi Sun-sin Defense Industry Exhibition" held at the Jinhae Naval Academy on Wed...

Business & Politics LIG Nex1 wins order to develop super-compact sensors for submarines

South Korean company LIG Nex1 will develop technology for ultra-miniature sensors that can be mounted on unmanned submarines.The company announced o...

Aerospace & Defense Korea LIG Nex1 to enjoy record earnings on missile exports

LIG Nex1 Co., a leading South Korean defense company, is expected to see record earnings this year on strong missile exports, helping its shares sur...

Aerospace & Defense LIG Nex1 to invest $77 million to expand weapons production facility

LIG Nex1 Co., a leading South Korean defense company, said on Thursday it will spend 110 billion won ($77 million) on its production facility expans...

Aerospace & Defense S.Korean LIG Nex1 to develop jammers against drones from the North

South Korea’s major defense maker LIG Nex1 Co. plans to develop drone jammers that can force small unmanned aerial vehicles (UAVs) to go off c...