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The Korea Herald
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THE INVESTOR
April 26, 2024

Market Now

RFHIC wins W53.4b order from LIG Nex1

  • PUBLISHED :August 31, 2018 - 09:27
  • UPDATED :August 31, 2018 - 09:27
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[DISCLOSURE] RFHIC (218410) announced on Aug. 30 that it has signed a 53.4 billion won (US$47.97 million) contract with LIG Nex1 (079550) to supply TR modules for defense radars. 

This amounts to 86.09 percent of its 2017 revenue and the contract is valid until Dec. 31, 2021.

By Hwang You-mee (glamazon@heraldcorp.com)

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