LIG Nex1 Co Ltd - Company Profile

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LIG Nex1 Co Ltd (LIG Nex1) 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.

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Headquarters South Korea

Address 207, Mabuk-Ro, Giheung-Gu, Yongin, 16911


Telephone 82 2 16442005

No of Employees 3,150

Industry Aerospace and Defense

Ticker Symbol & Exchange 079550 (KRX)

Revenue (2022) $1.7B 21.9% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 17% (2022 vs 2021)

Market Cap* $2.9B

Net Profit Margin (2022) XYZ -4.0% (2022 vs 2021)

* As of and is in US$
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LIG Nex1 Co Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on LIG Nex1 Co Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Precision Guided Weapons
Satellite Communications Equipment
Anti-Aircraft Missile
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Plans/Strategy In December, the company and LNGR announced plans to acquire Ghost Robotics Corp.
2023 Contracts/Agreements In October, the company was selected as a contractor for this five year development program.
2022 Contracts/Agreements In November, the company agreed to sell 21% stake in Innowireless Co., Ltd. to LIG Corp.
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Competitor Comparison

Key Parameters LIG Nex1 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 Courbevoie Lod
State/Province - Virginia England Ile-de-France Tel Aviv
No. of Employees 3,150 185,000 96,200 85,253 13,872
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Shin Ick-hyun Chief Executive Officer Senior Management 2024 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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