Korean Air is teaming up with defense contractor LIG Nex1 to bid for South Korea’s “Block-I System Development Project,” an ...

SEOUL, Aug. 21 (Yonhap) -- Korean Air Co. said Thursday it has partnered with LIG Nex1 Co. to compete for a 1.78 trillion-won ...

DAEJEON, South Korea—LIG Nex1 is self-funding development of two modular missile types aimed at competing with MBDA’s Spear ...

SEOUL, Aug. 18 (Yonhap) -- LIG Nex1 Co., a South Korean precision-guided missiles and weapons manufacturer, said Monday it ...

Seoul: South Korea's major defence firms reported record earnings in the first half of the year on the back of massive arms ...

South Korea's defence industry is expected to continue enjoying strong exports for some time, industry officials said on ...

South Korea’s four major defense companies saw their combined order backlog surpass 100 trillion won ($72 billion) for the ...

Holding the top spot, Raytheon Technologies (RTX) remains the most valuable defense company in the world. With an impressive ...

Cosmax, a leading Korean original design manufacturer, announced plans to establish a local subsidiary in Mumbai by the end ...