South Korean defence electronics company LIG Nex1 is preparing the first prototype of its Suicide unmanned surface vehicle ...

Israel launched a series of early Friday strikes on Iran's nuclear and military targets, killing the head of the Islamic Revolutionary Guard. That prompted Iran's Supreme Leader Ayatollah Ali Khamenei ...

As LIG Nex1 was selected as the preferred bidder for the system and main body project of South Korea's first privately led geostationary weather satellite, Cheollian 5, Korea Aerospace Industries ...

U.S. Navy is revamping its maintenance and modernization planning to improve force generation and contingency preparation.

LIG Nex1 Co., a major South Korean defense and aerospace company, said Friday it has partnered with British defense giant Babcock Marine to cooperate in the naval maintenance, repair and overhaul (MRO ...

Global stock markets fell and oil prices surged after Israel launched a wide-ranging attack on Iran's nuclear facilities, rattling markets and sending investors fleeing into safe-haven assets.

Among them, South Korean defense firms Korea Aerospace Industries and LIG Nex1 drew particular attention for their growing regional presence and offerings that closely align with local defense needs.

Jeong Ik-seon, vice chairman of HD Hyundai, shouted, 'Let's go together' with Shin Ik-hyun, CEO of LIG Nex1, and Kim Dong-kwan, vice chairman of Hanwha Group, left the venue after reviewing the ...

SEOUL, June 13 (Yonhap) -- South Korean stocks snapped their seven-day winning streak Friday as rising tensions in the Middle East heightened investors' risk-off sentiment. The local currency was ...