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 vehicles (UAV), unmanned ground vehicles, aircraft components and systems, machine guns, 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.
Headquarters
South Korea
Address
207 Mabuk-ro, Giheung-gu, Yongin, 16911
Website
www.ligdefenseaerospace.com
Telephone
82 2 16442005
No of Employees
5,169
Industry
Aerospace and Defense
Ticker Symbol & Exchange
079550 (KRX)
Revenue (2024)
$3.0B
31.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
15.5%
(2024 vs 2023)
Market Cap*
$11.1B
Net Profit Margin (2024)
XYZ
-12.2%
(2024 vs 2023)
* As of and is in US$
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 | Modeling & Simulation (M&S) Services |
| XYZ | XYZ |
| XYZ | 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 June, the company partnered with Nearthlab to advance counter-drone interceptor systems. |
| 2026 | Contracts/Agreements | In June, the company and the Republic of Korea (ROK) Strategic Command have signed a Memorandum of Understanding (MOU). |
| 2026 | Contracts/Agreements | In May, the company and Dtonic signed an MOU to accelerate development of defense AI platform L-NODE. |
Competitor Comparison
| Key Parameters | LIG Defense & Aerospace Co Ltd | RTX Corp | Lockheed Martin Corp | BAE Systems Plc | Thales SA |
|---|---|---|---|---|---|
| Headquarters | South Korea | United States of America | United States of America | United Kingdom | France |
| City | Yongin | Arlington | Bethesda | London | Meudon |
| State/Province | - | Virginia | Maryland | - | Ile-de-France |
| No. of Employees | 5,169 | 180,000 | 123,000 | 112,400 | 84,958 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shin Ik-hyeon | Chief Executive Officer; Director | Executive Board | - | 67 |
| Cha Sang-hoon | Head-Corporate Support Division; Director | Executive Board | - | 61 |
| Koo Bon-sang | Executive Officer | Senior Management | - | - |
| Lee Geon-hyeok | Head - Production Division | Senior Management | - | - |
| Park Jong-sung | Head - Future Strategy Division | Senior Management | - | - |
| 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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