LIG Nex1's overseas sales proportion is expected to surpass 30% for the first time. This is due to the exports of products ...

South Korea’s defense industry exports totaled 13.83 trillion won ($9.5 billion at 1,456 won per dollar) in 2024, reaching ...

Hanwha Aerospace secured contracts for 72 Chunmoo Multiple Rocket Launcher Systems (MRLS) and guided missiles with Poland and for 54 K9 self-propelled howitzers with Romania. LIG Nex1 secured a ...

On the ground systems front, Hanwha Aerospace secured contracts for 72 Chunmoo Multiple Rocket Launcher Systems (MRLS) and guided missiles with Poland and for 54 K9 self-propelled howitzers with ...

The pace of rocket launches has ballooned in recent years, making it a challenge to know what mission is launching and when. In this launch guide, the Space.com news team aims to keep you up to ...

SEOUL, Jan. 20 (Korea Bizwire) — South Korea’s Defense Acquisition Program Administration (DAPA) is planning to develop a ...

A conceptual image showing how the MANET system being developed by LIG Nex1 will facilitate communication between different levels of the RoKA, including deployed platoons, companies, and brigades.

LIG Nex1 has entered into a contract with a government agency to introduce a next-generation defense communication system. According to the private aerospace and defense firm on Thursday ...

SpaceX launched its huge Super Heavy-Starship mega rocket on its seventh test flight Thursday, successfully "catching" the first stage booster back at its firing stand but losing its new ...

An enormous Blue Origin rocket meant to challenge SpaceX in regularly deploying satellites and other cargo into orbit underwent its inaugural flight test Thursday morning from Cape Canaveral, Florida.