April 26, 2024
Market Now
LIG Nex1 cinches W131.4b deal with DAPA
[DISCLOSURE] LIG Nex1 (079550) announced on Dec. 19 that it has signed a 72.2 billion won (US$63.92 million) contract with Defense Acquisition Program Administration to supply mobile mines. This amounts to 4.10 percent of its 2017 revenue and the contract is valid until Dec. 20, 2021.
It also announced in a separate statement that it has signed a 59.2 billion won contract with DAPA to supply local air defense radars. This amounts to 3.36 percent of its 2017 revenue and the contract is valid until Dec. 31, 2021.
By Hwang You-mee (glamazon@heraldcorp.com)
It also announced in a separate statement that it has signed a 59.2 billion won contract with DAPA to supply local air defense radars. This amounts to 3.36 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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