LG Innotek
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LG Innotek
LIG Nex1 Co., Ltd.
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Formerly called
NEX1 Future
LG Innotek
Goldstar Precision
Industry Defense industry
Founded 1976; 42 years ago (1976)
Area served
South Korea
Parent LIG Group (owned by LG)
Website www.lignex1.com

LIG Nex1 Co., Ltd. (formerly known as NEX1 Future[1] and LG Innotek) is a South Korean aerospace manufacturer and defense company. It was established in 1976 as Goldstar Precision. LIG Nex1 is previously owned by LIG Holdings Company, which in turn is owned by the LIG Group while the LIG Group is owned by the LG Corporation. In 2013, a consortium led by South Korea private equity firm STIC Investments acquisition of a 49 percent stake in LIG Nex1 for 420 billion Korean won.[2]

It develops and produces a wide range of advanced precision electronic systems, including missile, 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.





External links

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.



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