LIG Nex1 Co., Ltd. (), formerly known as LG Innotek () is a South Korean

aerospace manufacturer An aerospace manufacturer is a company or individual involved in the various aspects of Aircraft design process, designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a hi ...

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 A consortium () is an association of two or more individuals, companies, organizations, or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a ...

led by South Korea

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

STIC Investments STIC Investments Inc. is an international venture capital and private equity fund management firm.Youn, Jeong-He"국내 최대 창투사 STIC 인베스먼트(주) 부산사무소 개소식 (STIC Investments, No. 1 Domestic Equity Firm, Opens Busan ...

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 The Republic of Korea Armed Forces (), also known as the ROK Armed Forces, are the armed forces of South Korea. The ROK Armed Forces is one of the largest and most powerful standing armed forces in the world with a reported personnel strength o ...

, as well as an international exporter of weapon systems.

History

The company was established on February 25, 1976, under the name Goldstar Precision Industries () as a subsidiary of Goldstar Electronics (now

LG Electronics LG Electronics Inc. () is a South Korean Multinational corporation, multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG, LG Corporation, the fourth ...

). The company changed its name to

LG Innotek LG Innotek Co., Ltd. (), an affiliate of LG Group, is an electronic component manufacturer headquartered in Seoul, South Korea. LG Innotek produces core components of mobile devices, automotive displays, semiconductors, and smart products. M ...

() in 2000, and since 2004 it has been incorporated as a subsidiary of LIG Group under the name Nex1 Future (), and changed its name to LIG Nex1 in 2007.

Products

Missiles

* Hyunmoo-3 surface-to-surface

cruise missile A cruise missile is an unmanned self-propelled guided missile that sustains flight through aerodynamic lift for most of its flight path. Cruise missiles are designed to deliver a large payload over long distances with high precision. Modern cru ...

* AT-1K Raybolt man-portable

anti-tank guided missile An anti-tank guided missile (ATGM), anti-tank missile, anti-tank guided weapon (ATGW) or anti-armor guided weapon is a guided missile primarily designed to hit and destroy heavily armored military vehicles. ATGMs range in size from shoulde ...

* SSM-700K C-Star

anti-ship missile An anti-ship missile (AShM or ASM) is a guided missile that is designed for use against ships and large boats. Most anti-ship missiles are of the sea-skimming variety, and many use a combination of inertial guidance and active radar homing. ...

* KP-SAM Chiron man-portable

surface-to-air missile A surface-to-air missile (SAM), also known as a ground-to-air missile (GTAM) or surface-to-air guided weapon (SAGW), is a missile designed to be launched from the ground or the sea to destroy aircraft or other missiles. It is one type of anti-ai ...

* K-SAM Pegasus surface-to-air missile system * KM-SAM surface-to-air missile system * K-SAAM ship-launched surface-to-air missile * L-SAM surface-to-air missile system * Surface-to-air missile system for K30 Biho self-propelled anti-aircraft gun * KALCM (Korean air-launched cruise missile) for KAI KF-21 Boramae multirole fighter (development)

Precision guided munitions

* Poniard (Bigung) surface-to-ship

rocket A rocket (from , and so named for its shape) is a vehicle that uses jet propulsion to accelerate without using any surrounding air. A rocket engine produces thrust by reaction to exhaust expelled at high speed. Rocket engines work entirely ...

* Biryong (Flying Dragon) 130 mm short range ship-to-ship guided rocket * Korean GPS-Guided Bomb (KGGB) * Blackout bomb

Torpedoes

K731 White Shark K731 White Shark () heavy torpedo is a submarine-launched torpedo developed by the Republic of Korea Navy in 2004. Production was delayed for a year after a program error in the guidance system resulted in 2 failed tests in 2003. This glitch was ...

heavyweight torpedo * K745 Blue Shark lightweight torpedo * K745A1 Red Shark homing torpedo * K761 Tiger Shark heavyweight torpedo

Surveillance and Reconnaissance

* ESR-500A

active electronically scanned array An active electronically scanned array (AESA) is a type of phased array antenna, which is a computer-controlled antenna array in which the beam of radio waves can be electronically steered to point in different directions without moving the a ...

radar for FA-50 Block 20 * Local Air Defense Radar (LADR) * Weapon Locating Radar-II (WLR-II) * Long Range Radar (LRR) *

Coastal A coast (coastline, shoreline, seashore) is the land next to the sea or the line that forms the boundary between the land and the ocean or a lake. Coasts are influenced by the topography of the surrounding landscape and by aquatic erosion, su ...

survelliance radar * Precision Approach Radar (PAR) * 3D surveillance radar for Incheon-class frigate (FFX) * 3D surveillance radar for Yoon Youngha-class patrol vessel (PKG) * Satellite

Synthetic Aperture Radar Synthetic-aperture radar (SAR) is a form of radar that is used to create two-dimensional images or 3D reconstruction, three-dimensional reconstructions of objects, such as landscapes. SAR uses the motion of the radar antenna over a target regi ...

(SAR) * Micro-

satellite A satellite or an artificial satellite is an object, typically a spacecraft, placed into orbit around a celestial body. They have a variety of uses, including communication relay, weather forecasting, navigation ( GPS), broadcasting, scient ...

(SAR/ EO) * Electronic Optical Satellite Reconnaissance System (EOSS) * Electro-optical targeting system (EOTS) for self-propelled anti-aircraft gun * Hull Mounted

Sonar Sonar (sound navigation and ranging or sonic navigation and ranging) is a technique that uses sound propagation (usually underwater, as in submarine navigation) to navigate, measure distances ( ranging), communicate with or detect objects o ...

(HMS) * Sonar system for Sejong the Great-class destroyer (KDX-III Batch-II) * Sonar system for KDDX * Sonar system for Dosan Ahn Changho-class submarine (KSS-III) * Harbor Underwater Surveillance System (HUSS)

Command/Control/Communication

* Ground-based command and control system for unmanned aerial systems * Battalion Tactical Command System (BTCS) * Vehicle command and control system * Jang Bogo-class submarine (KSS-I) combat management system * KSS-II combat system * LINCS naval combat system * Military satellite communication system-II * Tactical Multiband Multirole Radio (TMMR)

Avionics

* Electronic Warfare (EW) suite for KAI KF-21 Boramae

Electronic warfare

* Ground electronic warfare equipment * Shipborne electronic warfare system * Airborne electronic warfare system * Anti- drone protection system * Direction finder and monitoring system

Unmanned systems

* Multi purpose unmanned

helicopter A helicopter is a type of rotorcraft in which Lift (force), lift and thrust are supplied by horizontally spinning Helicopter rotor, rotors. This allows the helicopter to VTOL, take off and land vertically, to hover (helicopter), hover, and ...

* Multi-purpose drone * Communication device for unmanned surveillance vehicle *

Unmanned Surface Vehicle An unmanned surface vehicle, unmanned surface vessel or uncrewed surface vessel (USV), colloquially called a drone boat, drone ship or sea drone, is a boat or ship that operates on the surface of the water without a crew. USVs operate with v ...

(USV) *

Autonomous Underwater Vehicle An autonomous underwater vehicle (AUV) is a robot that travels underwater without requiring continuous input from an operator. AUVs constitute part of a larger group of undersea systems known as unmanned underwater vehicles, a classification tha ...

(AUV) *

Unmanned Underwater Vehicle Unmanned underwater vehicles (UUV), also known as underwater drones, are submersible vehicles that can operate underwater without a human occupant. These vehicles may be divided into two categories: remotely operated underwater vehicles (ROUVs) an ...

(UUV) * Remotely operated vehicle (ROV)

Other

* Torpedo acoustic counter measure system * Submarine-launched mobile

sea mine A naval mine is a self-contained explosive weapon placed in water to damage or destroy surface ships or submarines. Similar to anti-personnel mine, anti-personnel and other land mines, and unlike purpose launched naval depth charges, they are ...

References

External links

* {{Authority control, state=expanded Aerospace companies of South Korea Defence companies of South Korea Sonar manufacturers Manufacturing companies established in 1969 Technology companies established in 1969 Companies listed on the Korea Exchange Companies in the KOSPI 200