Headquarters South Korea | Founded 1976 | |
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Stock price 079550 (KRX) ₩ 79,000 -900.00 (-1.13%)20 Mar, 3:30 PM GMT+9 - Disclaimer | ||
Korea s top defense company lig nex1 pr video
LIG Nex1 is a South Korean aerospace manufacturer and defense company, which is part of LIG Corp. It was formerly known as NEX1 Future and before that, as LG Innotek. It was established in 1976 as Goldstar Precision. LIG Nex1 is wholly owned by LIG Holdings Company, which in turn is owned by the LIG Group. The LIG Group is owned by the LG family group, who also owns LG Group, GS Group and LS Group., one of South Korea's largest conglomerates.
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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.