Korean stocks tumbled at the steepest pace in nearly four months on Friday as investor sentiment was dragged down by the ...

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, ...

HD Hyundai Heavy Industries (HD HHI) has been selected as the preferred bidder for the KSS-II (Type 214) mid-life upgrade ...

Communications LIG Nex1 is a key developer of the soon-to-be-developed command-and-control and sensor-to-shooter battlefield system, the Tactical Information Communication Network (TICN).

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 ...

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 ...

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 ...

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 ...

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 ...