LIG Nex1

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LIG Nex1 Co., Ltd.
엘아이지넥스원 주식회사
FormerlyNEX1 Future
LG Innotek
Goldstar Precision
IndustryDefense industry
Founded1976; 46 years ago (1976)
Area served
South Korea
ProductsMissiles, ATGMs, torpedoes, radars, electronics, avionics, fire-control systems, communication systems
Revenue1,340,000,000 United States dollar (2018) Edit this on Wikidata
ParentLIG Group

LIG Nex1 Co., Ltd. (formerly known as NEX1 Future[1] and LG Innotek) is a South Korean aerospace manufacturer and defense company. It was established in 1976 as Goldstar Precision. LIG Nex1 was previously owned by LIG Holdings Company, which in turn was owned by the LIG Group. In 2013, a consortium led by South Korea private equity firm STIC Investments acquireda 49 percent stake in LIG Nex1 for 420 billion Korean won.[2]

It develops and produces a wide range of advanced precision electronic systems, including missile, underwater weapon systems, radars, electronic warfare, avionics, tactical communication systems, fire control systems, naval combat systems, and electro-optics. It is one of the major suppliers of weapon systems for the Republic of Korea Armed Forces, as well as an international exporter of weapon systems.

Products[]

Missiles[]

Torpedoes[]

References[]

  1. ^ "Defense & Security Intelligence & Analysis: IHS Jane's - IHS". www.janes.com.
  2. ^ "South Korea's LIG to Sell Stake in Weapons Firm to Local Consortium". Wall Street Journal. 20 February 2013. Retrieved 28 November 2016.

External links[]

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