HD Hyundai Heavy Industries (HD HHI) has been selected as the preferred bidder for the KSS-II (Type 214) mid-life upgrade ...

Last week, LIG Nex1 signed a 3.7 trillion won contract with Iraq’s defense ministry for its Cheongung-II medium-range surface-to-air missile system.

LIG Nex1's CEO, Shin IckHyun, echoed the enthusiasm, stating, "Our acquisition of a majority stake in Ghost Robotics aligns perfectly with our vision to lead the future of defense and security ...

SEOUL, Feb. 7 (UPI) -- South Korea's defense ministry said LIG Nex1 has won a $3.2 billion contract to export midrange surface-to-air missiles to Saudi Arabia. Under the deal signed late last year ...

Besides LIG Nex1, Hanwha Systems is expected to compete for the $2.4 billion acquisition program by offering its long-range surface-to-air radar and other sensor systems.

LIG Nex1 said the small and compact design of the MPUH enables the aircraft to be launched from small landing pads. The aircraft is powered by a 60 hp engine built by Austrian firm Austro ...

Aeroflex has signed an asset purchase agreement to acquire the spectrum analyzer assets of LIG Nex1. The primary assets to be acquired include bench-top spectrum analyzer product lines that Aeroflex ...

Photo courtesy of LIG Nex1 SEOUL, Feb. 7 (UPI) -- South Korea's defense ministry said LIG Nex1 has won a $3.2 billion contract to export midrange surface-to-air missiles to Saudi Arabia.

Globally renowned sensor solutions specialist, HENSOLDT will bring its latest technology capabilities in Identification-Friend-or-Foe (IFF) into the upcoming IFF modernisation programme of the South ...

LIG Nex1 is pushing hard to become a leading global defense firm in the 21st century beyond being simply a domestic defense systems provider, he stressed. A leading South Korean defense firm has ...

South Korea's LIG Corp., the holding company of LIG Group, will sell its munitions manufacturing unit, LIG Nex1, to a consortium led by domestic private-equity firm STIC Investment for 420 billion ...