LIG Nex1

LIG Nex1 Co., Ltd.
Native name
엘아이지넥스원 주식회사
Formerly
Company typePublic
KRX: 079550
Industry
Founded25 February 1976 (1976-02-25)
Headquarters,
Area served
Worldwide
Key people
Products
Revenue 2.2208 trillion (2022)
₩179.1 billion (2022)
₩122.9 billion (2022)
Total assets ₩3.0127 trillion (2022)
Total equity ₩935.2 billion (2022)
Owner
ParentLIG Group
WebsiteOfficial website in English
Official website in Korean

LIG Nex1 Co., Ltd. (Korean: 엘아이지넥스원), formerly known as LG Innotek (엘지이노텍) is a South Korean aerospace manufacturer and arms manufacturer. 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.

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.