LIG Nex1 : Other Management Information(Voluntary Disclosure)
April 03, 2022 at 09:44 pm EDT
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Other Management Information(Voluntary Disclosure)
1. Title
Chosen as a preferred bidder for "Research and Development Program for Lightweight Torpedo-II system"
2. Details
- Our company has been chosen by the Defense acquisition procurement adminitration of Korea as a preferred bidder for "Research and Development Program for Lightwieght Torpedo-II system"
- Contract for above mentioned program is expected to be signed within the year of 2022.
3. Decision (Confirmation) Date
2022-04-01
4. Other references useful for making investment decisions
- Above Decision(Confirmation) Date refers to the date the official document has been received by the company.
- Above mentioned program is company lead research and development program.
- The content of this disclosure may vary or be modified during the process of technical and contract negotiation. Upon signing of the contract, seperate disclosure will be issued accordingly.
※ Title and date of other disclosure related to this one
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Disclaimer
LIG Nex1 Co. Ltd. published this content on 04 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 01:43:05 UTC.
LIG Nex1 Co Ltd is a Korea-based company mainly engaged in the research, development and production of weapon systems. The Company provides weapons systems mainly used in defense industry fields including precision guided munitions (PGMs), intelligence, surveillance and reconnaissance (ISR), avionics and electronic warfare (AEW), command, control, communications, computers, and information (C4I). PGMs products are composed of antiair, antiship and antisubmarine, earth, air to ground and underwater weapons. ISR products include search radars, tracking radars, image radars, electro-optical equipment, and underwater surveillance systems. AEW products include electronic warfare systems such as avionics, ship and aircraft electronic warfare and army electronic warfare. C4I products include communication terminals, radios and combat systems.
LIG NEX1 CO., LTD. 
