LIG Nex1

LIG Nex1 Co., Ltd.(Korean: 엘아이지넥스원 주식회사), 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 acquired 49 percent stake in LIG Nex1 for 420 billion Korean won.[2]

LIG Nex1 Co., Ltd.
Native name
엘아이지넥스원 주식회사
FormerlyNEX1 Future
LG Innotek
Goldstar Precision
KRX: 079550
IndustryDefense industry
Founded25 February 1976 (1976-02-25)
Headquarters
Yongin-si, Gyeonggi-do
,
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
Websitewww.lignex1.com

It develops and produces a wide range of advanced precision electronic systems, including missiles, underwater weapon systems, radars, electronic warfare, avionics, tactical communication systems, fire control systems, naval combat systems, and electro-optics.[3] 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

See also

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.
  3. Jung, Sung-ki (October 19, 2009). "LIG Nex1 Systems: First Look, Strike Precisely". The Korea Times.
  • Official website
  • Business data for LIG Nex1:
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