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The Korea Herald
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THE INVESTOR
April 20, 2024

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LIG Nex1 wins W181b order from DAPA

  • PUBLISHED :September 03, 2018 - 11:26
  • UPDATED :September 03, 2018 - 11:26
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[DISCLOSURE] LIG Nex1 (079550) announced on Sept. 3 that it has signed a 181 billion won (US$162.19 million) contract with Defense Acquisition Program Administration to supply weapon-locating radars.

This amounts to 10.3 percent of its 2017 revenue and the contract is valid until Dec. 30, 2022.

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

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