KT Corp., a major South Korean telecommunications company, said Thursday it will join hands with defense firm LIG Co. Nex1 to ...

LIG Nex1 has entered into a contract with a government agency to introduce a next-generation defense communication system.

KT announced on the 9th that it has signed a business agreement with LIG Nex1 for the development of core technologies for ...

LIG Nex1 must rise 17% for MSCI index inclusion as investor interest grows LIG Nex1 and Samyang Foods are key candidates as ...

LIG Nex1 is collaborating with the South Korean government-funded Defense Rapid Acquisition Technology Research Institute ...

SEOUL—South Korea's LIG Nex1 disclosed Dec. 26 that flight testing of its ESR-500A active electronically scanned array (AESA) ...

Baghdad (IraqiNews.com) – The Iraqi Minister of Defense, Thabet Al-Abbasi, revealed on Monday that Iraq developed the ...

Hanwha Aerospace, the aircraft manufacturing division of the Korean conglomerate Hanwha, has sealed a 940 billion won ($640 ...

The Supreme Court has ruled on Sunday that it was proper for the anti-trust watchdog to fine Hanwha and STX Engine for their price-fixing in a submarine construction project, upholding a lower court ...

SEOUL, Jan. 2 (Yonhap) -- Seoul shares closed a tad lower Thursday, extending their losing streak to a fifth consecutive ...

South Korea has opened a new production centre in Busan for the Korean Air Medium-Altitude Reconnaissance Unmanned Air Vehicle (MUAV). A ceremony was held on 17 December to commemorate the opening ...

The government will likely have to spend more money than originally estimated on developing indigenous fighter jets by 2025 because developing core technologies jointly with foreign firms will incur ...