Korea's defense firms reported record first half earnings, driven by strong overseas demand and major export deals, with ...

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 ...

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 ...

Aeroflex has signed an asset purchase agreement to acquire the spectrum analyzer assets of LIG Nex1. The primary assets to be acquired include bench-top spectrum analyzer product lines that Aeroflex ...

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: South Korea's major defence firms reported record earnings in the first half of the year on the back of massive arms ...

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 ...