LIG Nex1 Signs 10.6 Billion KRW TMMR Mass Production Contract with Defense Acquisition Program Administration
[Asia Economy Reporter Lee Junhyung] LIG Nex1 announced on the 18th that it has signed its first mass production contract for next-generation military radios (TMMR) worth 10.6 billion KRW with the Defense Acquisition Program Administration.
The contract amount is 0.73% of last year's consolidated sales (1.4527 trillion KRW).
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
The contract end date is December 31 of next year.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.