[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)