LIG Defense & Aerospace Co Ltd - Company Profile
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LIG Defense & Aerospace Co Ltd (LIG D&A), formerly LIG Nex1 Co Ltd, provides advanced weapon systems. The company designs, manufactures, and supplies electronic warfare, avionics, tactical communication, naval combat, electro optics and fire control equipment. It also provides underwater surveillance systems, long range surveillance radar systems, and anti-submarine missiles technologies. LIG Nex1 offers unmanned aerial vehicle (UAV), unmanned ground vehicle, aircraft components and systems, machine gun, and logistics supports, and services. It maintains strategic partnerships with various governments and defense companies. The company has business operations spanning across the Americas, Europe, Africa, and Asia-Pacific. LIG Nex1 is headquartered in Yongin, Gyeonggi-do, South Korea.
LIG Defense & Aerospace Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Precision Guided Munitions | Service: |
| Intelligence, Surveillance and Reconnaissance Products | MRO Services |
| Avionics and Drone | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In January, the company awarded a contract to L3Harris for the supply of a next-generation imaging payload for KMA’s geostationary weather satellite. |
| 2025 | Contracts/Agreements | In December, the company entered into an agreement with the Agency for Defense Development to co-develop integrated command-and-control and autonomous mission technologies for combat unmanned surface vessels. |
| 2024 | Acquisitions/Mergers/Takeovers | In July, the company acquired a 60% stake in Ghost Robotics, a provider of solutions for commercial and military partners for US$240 million. |
Competitor Comparison
| Key Parameters | LIG Defense & Aerospace Co Ltd | RTX Corp | BAE Systems Plc | Thales SA | Israel Aerospace Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | United Kingdom | France | Israel |
| City | Yongin | Arlington | London | Meudon | Lod |
| State/Province | - | Virginia | - | Ile-de-France | Tel Aviv |
| No. of Employees | 4,796 | 180,000 | 111,400 | 84,958 | 14,638 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kim Ji-Chan | Chief Executive Officer | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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