LIG Nex1
LIG Nex1 (Korean: 엘아이지넥스원 주식회사), formerly known as NEX1 Future, and LG Innotek) 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.
Native name | 엘아이지넥스원 주식회사 |
|---|---|
| Formerly | Goldstar Precision (1976–2000) LG Innotek (2000–2004) NEX1 Future (2004–2007) |
| Company type | Public |
| KRX: 079550 | |
| Industry | Defense |
| Founded | 25 February 1976 |
| Headquarters | , |
Key people | Kim Ji-chan (President & CEO) |
| Products | Missiles, Anti-tank guided missiles, torpedoes, radars, electronics, avionics, fire-control systems, communication systems |
| Revenue | ₩2.2208 trillion (2022) |
| ₩179.1 billion (2022) | |
| ₩122.9 billion (2022) | |
| Total assets | ₩3.0127 trillion (2022) |
| Total equity | ₩935.2 billion (2022) |
| Owner |
|
| Parent | LIG Group |
| Website | Official website in English Official website in Korean |
| LIG Nex1 | |
| Hangul | 엘아이지넥스원 |
|---|---|
| Revised Romanization | Elaiji Nekseuweon |
| McCune–Reischauer | Eraiji Neksŭwŏn |
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. 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.