Shareholders approved changing the company's name from LIG Nex1 to LIG Defense & Aerospace in March 2026, its first rebrand since 2007.
LIG Defense & Aerospace carried an order backlog of about ₩23.5tn at the second quarter, roughly 5.7 years of sales at the current run rate.
LIG Defense & Aerospace's board approved issuing 876,153 new preferred shares at ₩570,676 each on 25 June, raising ₩499,999,489,428.
Teams led by HANWHA AEROSPACE CO., LTD. (012450) and Hyundai Rotem Company (064350) are competing for a Korean missile project, Dailian reported Friday.
| Period | 079550 | KOSPI | Difference |
|---|---|---|---|
| 1 week | -11.2% | -1.5% | -9.7% |
| 1 month | -18.6% | +5.2% | -23.8% |
| 3 months | -11.1% | -22.6% | +11.5% |
| 6 months | +5.3% | +31.3% | -26.0% |
| Year to date | +54.9% | +58.7% | -3.8% |
| 1 year | +32.0% | +108.9% | -76.9% |
Closed at 44% of the way from its 52-week low (₩364,500) to its 52-week high (₩1,020,000).
Formerly listed as LIG Nex1, this is South Korea's main developer of guided weapons and military electronics. It builds the Cheongung II surface-to-air missile system, anti-ship and anti-tank missiles, radars, electronic warfare equipment and naval combat systems, selling first to the Korean armed forces and increasingly abroad. Exports to Saudi Arabia, the United Arab Emirates, Iraq and Malaysia have turned what was a domestic procurement business into a genuine arms exporter, part of a broader Korean defence export push that also involves Hanwha Aerospace and Hyundai Rotem. Because defence contracts are booked years ahead and recognized as work progresses, the order backlog matters far more than any quarter's revenue. For a US reader the closest analogue is Raytheon's missiles and defense arm: a systems house whose revenue depends on government budgets and export licences rather than on commercial demand.
| Sector | Defense | Employees | |
| Market | KOSPI | Founded | |
| Korean name | LIG디펜스앤에어로스페이스 | Head office |
| Symbol | Last Price |
|---|---|
| 012450HANWHA AEROSPACE CO., LTD. | ₩1,055,000 +0.8% |
| 064350Hyundai Rotem Company | ₩126,800 +0.3% |
| 272210Hanwha Systems Co., Ltd. | ₩68,800 +1.2% |
| 047810Korea Aerospace Industries, Ltd. | ₩126,500 +1.2% |
| 099320Satrec Initiative Co., Ltd. | ₩70,700 +4.9% |