South Korea's LIG Nex1 wins $2.8 bln deal with Iraq to export …
WEB13 hours ago · South Korea's LIG Nex1 said it won a 3.71 trillion won ($2.8 billion) order from Iraq to export mid-range surface-to-air missile defence systems. ... Reuters, the news and media division of ...
Iraq buys LIG Nex1's Cheongung-II missiles for $2.8 billion
WEB11 hours ago · LIG Nex1, a Korean defense company, has won a 3.7 trillion won ($2.78 billion) contract with Iraq to export its Cheongung-II missile defense system. The deal was inked with Iraq's defense ministry, though specific details about the deal are undisclosed for security reasons, according to a regulatory filing. The deal is roughly 1.6 times LIG ...
(LEAD) LIG Nex1 wins 3.7 tln-won deal to export missile defense
WEBStory by Kim Boram. • 6h. (LEAD) missile system-Iraq. SEOUL, Sept. 20 (Yonhap) -- LIG Nex1 Co., South Korea's major defense firm, said Friday it has secured a 3.7 trillion-won (US$2.78 billion ...
South Korea's LIG Nex1 wins $2.8 billion Iraq deal to export ... - MSN
WEBThe news follows LIG Nex1 winning a $3.2 billion deal to export 10 batteries of the missile systems, called M-SAM II or Cheongung II, to Saudi Arabia, according to South Korea's defence ministry ...
LIG Nex1 wins order for missile defense system from Iraq
WEB12 hours ago · This photo, provided by LIG Nex1, shows the launch process of the South Korean arms maker's Cheongung-II medium-range surface-to-air missile defense system. The company stated on Sept. 20, 2024, that it has secured a 3.7 trillion-won (US$2.78 billion) contract for the missile interceptor from Iraq. (PHOTO NOT FOR SALE) (Yonhap)
LIG Nex1 wins order for missile defense system from Iraq - MSN
WEBThis photo, provided by LIG Nex1, shows the launch process of the South Korean arms maker's Cheongung-II medium-range surface-to-air missile defense system. The company stated on Sept. 20, 2024 ...
LIG Nex1 Secures Major Iraqi Missile Defense Contract
WEB12 hours ago · The news has positively impacted LIG Nex1’s stock price, as investors are optimistic about the company’s growing international presence in the defense sector. This deal is a testament to South Korea’s increasing prominence as a global arms exporter, driven in part by the ongoing conflict in Ukraine.
LIG Nex1 wins deal to sell Iraq $2.7 bn worth of missile systems
WEB12 hours ago · LIG Nex1’s launch scene of Cheongung-II. South Korea’s LIG Nex1 Co. said on Friday that it won a 3.71 trillion won ($2.7 billion) order from Iraq to export its mid-range surface-to-air missile defense systems. The company said in a press release that it signed a contract with the Iraqi Ministry of Defense to supply its Cheongung II or KM ...
LIG Nex1 showcases Unmanned Systems and Guided Munitions ... - Naval News
WEBMay 6, 2024 · The LIG Nex1’s Poniard LOGIR is a 2.75-inch (70mm) rocket modified with Imaging-Infra-Red (IIR) seekers to effectively strike multiple classes of vessels, from small PT-boats to enemy Landing Craft Air Cushions (LCACs), at a significantly low cost.
South Korea's LIG Nex1 seals $2.78 billion surface-to-air missile …
WEB6 hours ago · Seoul, Sep 20 (EFE).-. LIG Nex1, one of South Korea's main defense systems companies, has signed a 3.7 trillion won ($2.78 billion) contract to supply Iraq with its Cheongung-II medium-range surface-to-air missile systems. The contract has been signed with the Iraqi defense ministry, the company said in …
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