[Click e-Stock] "LIG Nex1 to Expand Production Facilities Through 2029"
On December 19, Daol Investment & Securities analyzed that LIG Nex1's investments in expanding production facilities through 2029 are evidence of the company's anticipated rapid growth.
Choi Kwangsik, a researcher at Daol Investment & Securities, stated, "LIG Nex1 recently announced a new facility investment of approximately 374 billion KRW at its Gumi plant," adding, "This project will continue until June 2029 and aims to expand the company's mid- to long-term production capacity (CAPA)."
He further commented, "The investment appeal of LIG Nex1 lies in the company's export growth, which is expected to continue beyond 2028," and added, "Following the successful test launch of the Cheongung air defense system in the United Arab Emirates, production volume is expected to increase, starting with the first battery."
He also analyzed, "Reflecting the mass production of Cheongung-II, the development of the geostationary meteorological satellite payload system, and the mass production of L-SAM, we are raising our practical forecasts for the period from 2026 to 2028."
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