LIG Nex1 Posts 322.9 Billion Won Operating Profit in 2025...Up 44.5% from Previous Year
Expanded Middle East Exports... Order Backlog Reaches 26.23 Trillion Won
LIG Nex1 achieved double-digit growth in both revenue and operating profit based on its 2025 financial results, strengthening its performance and order backlog at the same time. With expanded exports to the Middle East and mass production programs for guided weapons driving results, the company also made clear its intention to expand into future defense and space industries by pursuing a change of its corporate name on the occasion of its 50th anniversary.
On February 13, LIG Nex1 announced its 2025 full-year financial results. Last year, revenue was 4.3069 trillion won, up 31.5% from 3.2763 trillion won a year earlier. Operating profit rose to 322.9 billion won, an increase of 44.5% from the previous year’s 223.4 billion won. The order backlog stood at 26.23 trillion won, of which export projects accounted for about 14 trillion won and domestic projects about 12 trillion won.
The revenue mix shows that the share of overseas business has clearly expanded. As revenue from the M-SAM Block-II (Cheongung-II) project for the United Arab Emirates (UAE) began to be fully reflected, the export share rose to 21.4%. By business segment, mass production programs for guided weapons such as Cheongung drove overall revenue growth, while revenue in the command and control segment including TMMR, as well as in the avionics and electronic warfare segments, also increased.
In particular, as the reflection of Middle East export performance for Cheongung-II has entered full swing, expectations for further improvement in future earnings have increased. LIG Nex1 plans to steadily strengthen its foundation for sustainable growth by flawlessly executing its domestic programs, while at the same time carrying out active sales activities to win overseas contracts.
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Meanwhile, to mark its 50th anniversary, LIG Nex1 is pushing to change its corporate name to LIG Defense&Aerospace (LIG Defense&Aerospace, LIG D&A). The company explains that the new name embodies its vision and determination to lead future defense paradigms such as space, aviation, and unmanned systems, and to expand its business domain to the global market and outer space, building on its historical achievements accumulated over the past 50 years alongside the development of the Republic of Korea’s defense industry.
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