LIG Nex1 said in a filing on the 6th that its operating profit for the third quarter of this year was tentatively tallied at 89.6 billion won.

That is up 72.5% from the same period a year earlier. Revenue was tallied at 1.0492 trillion won, up 41.7% from a year earlier.

The LIG Nex1 booth at ADEX 2025 last month. A Medium Unmanned Common Platform (MUCP,) is on display in the center. /Courtesy of LIG Nex1

LIG Nex1 noted that its results improved as mass production and development programs, including the medium-range surface-to-air missile Cheongung II and next-generation military radios, progressed stably.

Meanwhile, to expand overseas exports, LIG Nex1 opened a European representative office in Munich, Germany, in Sep. and is increasing cooperation with major defense corporations.

A LIG Nex1 official said, "We will strengthen sustainable growth engines by expanding future and new businesses and pioneering overseas markets."

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