News

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 ...
LIG Nex1 announced on the 7th that its operating profit for the second quarter of this year was 77.6 billion won, a 57.9% increase compared to the same period last year. Revenue rose to 945.4 ...
Seoul: South Korea's major defence firms reported record earnings in the first half of the year on the back of massive arms ...
Major defense stocks such as Hanwha Aerospace, LIG Nex1, Hyundai Rotem, Korean Aerospace Industries, and Hanwha Systems have seen stock prices soar by 70% to 300% this year.
South Korea's Defense Acquisition Program Administration (DAPA) has initiated a programme to enhance fleets of wheeled ...
Morgan Stanley Capital International Inc. has added three new companies, including defense firm LIG Nex1 Co., to its Korea Index, a key gauge of South Korea's stock market, the global index ...
South Korea's defence industry is expected to continue enjoying strong exports for some time, industry officials said on ...
Seoul shares rose slightly amid mixed sector performances, with defense and cosmetics stocks gaining while semiconductors and pharmaceuticals declined. The won dipped against the dollar, and trading ...
Shares closed lower Friday as investors offloaded defense and other major stocks on profit-taking amid lingering concerns over U.S. President Donald Trump's import tariffs. The won fell against the ...