LIG Nex1 Signs Domestic Local Production Agreement with D-Hill Defense

LIG Nex1 is partnering with Germany's Diehl Defence to promote domestic production and maintenance cooperation of the short-range air-to-air guided missile ‘IRIS-T (InfraRed Imaging System Tail/Thrust Vector-Controlled)’.

On the 18th, LIG Nex1 announced that it signed an MOU with Diehl Defence for domestic local production and maintenance cooperation of the IRIS-T at the ‘Seoul International Aerospace and Defense Exhibition (ADEX) 2023’ held at Seoul Airport in Seongnam.

LIG Nex1 signed a Memorandum of Understanding (MOU) with Diehl Defence at ADEX 2023 for domestic production and maintenance cooperation of IRIS-T. Geonhyuk Lee, Vice President of LIG Nex1 (Head of PGM Division, left), and Albert Jooje, Executive Vice President of Diehl Defence, are showing the signed agreement.

The signing ceremony was attended by key officials from LIG Nex1 and Diehl Defence, including Geonhyeok Lee, Head of the PGM Division at LIG Nex1, and Albert Zuzej, Senior Executive Vice President (SEVP) of Diehl Defence.

The IRIS-T is planned to be equipped and operated on the domestically produced supersonic fighter KF-21 Boramae, and through domestic local production and maintenance, it will secure rapid combat support and subsequent logistics support capabilities.

Through this MOU, LIG Nex1 and Diehl Defence plan to discuss concrete measures for domestic local production as well as production for the Asian market and the establishment of maintenance hub infrastructure.

Jichan Kim, CEO of LIG Nex1, said, “Diehl Defence is a defense company providing solutions in guided weapons and air defense, sharing business commonalities with LIG Nex1,” adding, “Based on the technology and experience of both companies that emphasize research and development, we will do our best to create good synergy.”

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