LIG Nex1

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.

LIG Nex1 Co., Ltd.
Native name
엘아이지넥스원 주식회사
Formerly
Company typePublic
Traded as
KRX: 079550
Industry
Founded25 February 1976 (1976-02-25)
Headquarters
207, Mabuk-ro, Giheung-gu, Yongin-si, Gyeonggi-do
,
South Korea
Area served
Worldwide
Key people
  • Kim Ji-chan (President & CEO)
Products
Revenue ₩2.2208 trillion (2022)
₩179.1 billion (2022)
Net income
₩122.9 billion (2022)
Total assets ₩3.0127 trillion (2022)
Total equity ₩935.2 billion (2022)
Owner
  • LIG Corporation (42.54%)
  • National Pension Service (13.53%)
  • Employee stock ownership (1.87%)
  • Treasury stocks (0.93%)
  • Other (0.04%)
ParentLIG Group
WebsiteOfficial website in English
Official website in Korean
LIG Nex1
Hangul
엘아이지넥스원
Revised RomanizationElaiji Nekseuweon
McCune–ReischauerElaichi 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.

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