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LIG Nex1 Co., Ltd.
Native name
엘아이지넥스원 주식회사
FormerlyGoldstar Precision (1976–2000)
LG Innotek (2000–2004)
NEX1 Future (2004–2007)
Company typePublic
KRX: 079550
IndustryDefense
Founded25 February 1976; 47 years ago (1976-02-25)
Headquarters,
Key people
Kim Ji-chan (President & CEO)
ProductsMissiles, Anti-tank guided missiles, torpedoes, radars, electronics, avionics, fire-control systems, communication systems
RevenueIncrease 2.2208 trillion[1] (2022)
Increase ₩179.1 billion[1] (2022)
Increase ₩122.9 billion[1] (2022)
Total assetsIncrease ₩3.0127 trillion[1] (2022)
Total equityIncrease ₩935.2 billion[1] (2022)
Owner
ParentLIG Group
WebsiteOfficial website in English
Official website in Korean
LIG Nex1
Hangul
엘아이지넥스원
Revised RomanizationElaiji Nekseuweon
McCune–ReischauerEraiji Neksŭwŏn

LIG Nex1 (Korean엘아이지넥스원 주식회사), formerly known as NEX1 Future, and LG Innotek)[2] 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.[3]

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.[4] 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. ^ a b c d e f g h i j "LIG Nex1 079550". FnGuide. 2022. Archived from the original on 26 January 2024. Retrieved 26 January 2024.
  2. ^ "Defense & Security Intelligence & Analysis: IHS Jane's - IHS". www.janes.com.
  3. ^ "South Korea's LIG to Sell Stake in Weapons Firm to Local Consortium". Wall Street Journal. 20 February 2013. Retrieved 28 November 2016.
  4. ^ Jung, Sung-ki (October 19, 2009). "LIG Nex1 Systems: First Look, Strike Precisely". The Korea Times.