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LIG Nex1

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LIG Nex1 Co., Ltd.
Native name
엘아이지넥스원 株式會社
Formerly
[1]
Company type Public
KRX : 079550
Industry
Founded 25 February 1976 ; 48 years ago  ( 1976-02-25 )
Headquarters
207, Mabuk-ro, Giheung-gu , Yongin-si , Gyeonggi-do
,
South Korea
Area served
Worldwide
Key people
Products
[2]
Revenue Increase \ 2.2208   trillion [3]  (2022)
Increase \179.1   billion [3]  (2022)
Increase \122.9   billion [3]  (2022)
Total assets Increase \3.0127   trillion [3]  (2022)
Total equity Increase \935.2   billion [3]  (2022)
Owner
Parent LIG Group [1]
Website Official website in English
Official website in Korean
LIG Nex1
Hangul
엘아이지넥스원
Revised Romanization Elaiji Nekseuweon
McCune?Reischauer Elaichi Neks?w?n

LIG Nex1 Co., Ltd. ( Korean :  엘아이지넥스원 ; RR :  Elaiji Nekseuweon ), 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. [4] [5]

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. [6] 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.

History [ edit ]

The company was established on February 25, 1976, under the name Goldstar Precision Industries ( Korean :  金星精密工業 ; Hanja :  金星精密工業 ; RR :  Geumseong Jeongmil Gongeop ) as a subsidiary of Goldstar Electronics (now LG Electronics ). The company changed its name to LG Innotek ( Korean :  LG이노텍 ; RR :  Elji Inotek ) in 2000, and since 2004 it has been incorporated as a subsidiary of LIG Group under the name Nex1 Future ( Korean :  넥스원퓨처 ; RR :  Nekseuweon Pyucheo ), and changed its name to LIG Nex1 in 2007. [1]

Products [ edit ]

Missiles [ edit ]

Precision guided munitions [ edit ]

Torpedoes [ edit ]

Surveillance and Reconnaissance [ edit ]

Command/Control/Communication [ edit ]

  • Ground-based command and control system for unmanned aerial systems
  • Battalion Tactical Command System (BTCS)
  • Vehicle command and control system
  • Jang Bogo-class submarine (KSS-I) combat management system
  • KSS-II combat syetem
  • LINCS naval combat system
  • Military satellite communication system-II
  • Tactical Multiband Multirole Radio (TMMR)

Avionics [ edit ]

Electronic warfare [ edit ]

  • Ground electronic warfare equipment
  • Shipborne electronic warfare system
  • Airborne electronic warfare system
  • Anti- drone protection system
  • Direction finder and monitoring system

Unmanned systems [ edit ]

Other [ edit ]

See also [ edit ]

References [ edit ]

  1. ^ a b c "History" . LIG Nex1. 2015. Archived from the original on 6 March 2024 . Retrieved 6 March 2024 .
  2. ^ "Our Products" . LIG Nex1. Archived from the original on 9 March 2024 . Retrieved 9 March 2024 .
  3. ^ 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 .
  4. ^ "Defense & Security Intelligence & Analysis: IHS Jane's - IHS" . www.janes.com .
  5. ^ "South Korea's LIG to Sell Stake in Weapons Firm to Local Consortium" . Wall Street Journal. 20 February 2013 . Retrieved 28 November 2016 .
  6. ^ Jung, Sung-ki (October 19, 2009). "LIG Nex1 Systems: First Look, Strike Precisely" . The Korea Times .

External links [ edit ]

Wikimedia Commons has media related to LIG Nex1 .
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