LIG Nex1

LIG Nex1 Co., Ltd.

Native name	엘아이지넥스원 주식회사
Formerly	Goldstar Precision (1976–2000) LG Innotek (2000–2004) NEX1 Future (2004–2007) [1]
Company type	Public
Traded as	KRX: 079550
Industry	Aerospace Defense
Founded	25 February 1976; 48 years ago (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	Avionics Communication systems Electronics Fire-control systems Missiles Radars Rockets Torpedoes [2]
Revenue	₩2.2208 trillion[3] (2022)
Operating income	₩179.1 billion[3] (2022)
Net income	₩122.9 billion[3] (2022)
Total assets	₩3.0127 trillion[3] (2022)
Total equity	₩935.2 billion[3] (2022)
Owner	LIG Corporation (42.54%)[3] National Pension Service (13.53%)[3] Employee stock ownership (1.87%)[3] Treasury stocks (0.93%)[3] Other (0.04%)[3]
Parent	LIG Group[1]
Website	Official website in English Official website in Korean

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.^[4][5]

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.^[6] 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.