KT, a major Korean telecommunications company, said Thursday it will join hands with defense firm LIG Nex1 to develop ...

South Korea fell short of its defense export targets last year due to delays in several key contracts initially planned for 2024. However, the defense industry remains optimistic about securing ...

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Under the agreements, Hanwha Aerospace will provide rocket launchers and other components for the Cheongung-II medium-range surface-to-air missile defense system to LIG Nex1, according to Hanwha ...

The uncrewed surface vessel was secured with a DAPA contract. The South Korean Navy (ROKN) has contracted local shipbuilder LIG Nex1 to develop a new reconnaissance unmanned surface vehicle (USV) by ...

SEOUL, Dec. 24 (Yonhap) -- LIG Nex1 Co., a major South Korean defense firm, has been eliminated from competing in Romania's defense project to acquire short-range air ...

LIG Nex1 signed a contrㄹact last week with S. Korea’s Defense Acquisition Program Administration to develop an unmanned reconnaissance vessel. This comes about two months after the company was ...

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Anduril is developing the Alitec solid rocket propellant to enhance tactical missile performance. Above, Anduril test-fires its Denali 18 inch hypersonic rocket booster at its McHenry, Mississippi ...

LIG Nex1 announced on the 19th that it has signed a contract with the Defense Acquisition Program Administration for the development project of reconnaissance unmanned surface vessel systems.

A late-night rocket launch is potentially scheduled to lift off Friday − and depending on weather and visibility, there could be a show in the sky above the Treasure and Space Coasts.