Due to national security concerns, details of the contract is not disclosed.
7. Effective date of contract (receipt of orders)
2021-12-10
8. Withholding of disclosure
Reasons for withholding disclosure
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Withholding period
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9. Other matters to be factored into investment decisions
1) This contract is for supplying Sonar System.
2) The Contract amount stated in Line 2. Details of contract is amount including Taxation. (Contract Amount without the tax shall be KRW62,200,000,000)
3) Sales of the latest fiscal year above refers to the consolidated financial statement from Fiscal Year 2020.
4) Amount and period of this contract are subject to change during its contract period.
※ Related disclosure
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LIG Nex1 Co. Ltd. published this content on 14 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 December 2021 01:27:01 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. 
