[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Defense industry company LIG Nex1 has once again secured a ‘Comprehensive A Grade’ in ESG evaluation this year. LIG Nex1 (CEO Kim ...

LIG Nex1 announced its mid-to-long-term plan to invest 5 trillion KRW by 2030, achieve a global defense industry ranking of 20th, and expand overseas market entry to 30 countries. Through this, the ...

LIG Nex1, a South Korean defense manufacturer, said Sunday that it had donated $30,000 to a veterans’ association in Colombia for their contributions to the Korean War. LIG Nex1 executives and ...

A South Korean missile defence specialist has emerged as a beneficiary of the US-Israel war on Iran, with demand for LIG Nex1’s cheaper system pushing its shares higher and shining a spotlight on the ...

LIG Nex1's low-cost guided imaging rocket, the Poniard, is mounted on a common unmanned surface vehicle at the Rim of the Pacific Exercise 2024, as a part of the U.S. Department of Defense's Foreign ...

LONDON—British uncrewed aircraft system (UAS) developer Rotron Aerospace is set to work with South Korea’s LIG Nex1 to develop a new generation of UAS engines. Dorset, England-based Rotron will ...

LIG Nex1 is considering changing its corporate name to "LIG Defence & Aerospace." As LIG Nex1, which has built its position in guided weapons with systems such as the medium-range surface-to-air ...

Add Yahoo as a preferred source to see more of our stories on Google. LIG Nex1’s midrange surface-to-air missile system is displayed at the World Defense Show in Riyadh, Saudi Arabia, on Monday. Photo ...

A mock-up of the Blue Shark torpedo. South Korea's LIG Nex1 is developing a next-generation variant of the weapon. (Janes/Patrick Allen) South Korea's LIG Nex1 has been selected to develop an improved ...

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 ...