A South Korean firm has received a contract to improve the country’s lightweight torpedo, while the ROK Navy has also recently established a new naval aviation command. The Defense Acquisition Program ...

DUSSELDORF, Germany and SEOUL, South Korea, June 22, 2026 /PRNewswire/ -- LIG Defense&Aerospace (LIG D&A), a leading South Korean defence technology company and Düsseldorf-based technology group ...

LIG Nex1 is accelerating its global expansion with a domestically developed, multilayered integrated air defense system that covers threats from low to high altitudes. In close cooperation with the ...

Marking its 50th anniversary, LIG Nex1 changed its name to "LIG Defense & Aerospace (LIG D&A)" and declared a leap forward as a "global comprehensive defense company" encompassing the aviation and ...

LIG Nex1 has been selected as the prime contractor for the next-generation medium-range surface-to-air guided weapon 'Cheongung III (M-SAM Block-III)'. According to the defense industry on the 28th, ...

South Korean defence stock LIG Nex1 Co. surged more than 17% on Friday, March 6, extending its sharp rally since the outbreak of the US-Iran war in the Middle East. LIG Nex1 stock price surged as much ...

LIG Nex1 unveiled its new medium UAV common platform at ADEX 2025. (Janes/Sunil Nair) LIG Nex1 has unveiled a vertical take-off and landing (VTOL) unmanned aerial vehicle (UAV) at the Seoul ...

Local defense firm LIG Nex1 plans to expand its global client base to 30 countries by 2030, from the current 11 countries, building on recent successes in the Middle Eastern market, the company ...