LIG Nex1 Secures Artillery Detection Radar-II PBL Contract from DAPA

MT Newswires Live

2025/06/19

LIG Nex1 (KRX:079550) secured a contract to supply artillery detection radar-II PBL to the Defense Acquisition Program Administration (DAPA), the South Korean defense and aerospace firm said in a Thursday regulatory filing with Korea Exchange.

The contract, valid till June 2030, is valued at 83.2 billion won, according to the release.

Shares of LIG Nex1 rose more than 5% at market close on Thursday.

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