KOSPI · Defense · Precision guided weapons (Cheongung, Hyeongung)
LIG Defense&Aerospace
A defense contractor led by precision guided weapons (Cheongung-II, Hyeongung) plus surveillance radar, electronic warfare and C4I. Its main customers are Korea's DAPA and ADD, and it exports the M-SAM (Cheongung-II) mid-range SAM to Saudi Arabia, Iraq and the UAE. It acquired US quadruped-robot maker Ghost Robotics in 2024.
079550.KS Updated Jul 12, 2026 2 AI consumers· 1 recurring
Annual return · 2026-07-10'21+59%'22+41.8%'23+31.9%'24+118%'25+112.6%YTD+56.2%
Money in ▸이라크·UAE·사우디 (천궁-II)●contract 3,700,000,000,000원사우디·이라크·UAE (M-SAM 천궁-II 수출)●contract 3,700,000,000,000원방위사업청·국방과학연구소 (국내 정밀유도무기)●contract 515,700,000,000원
LIG Defense&AerospaceFive lines: precision strike, ISR, avionics/EW, C4I, other
▸ Money out유도무기 구성품·탐색기·전자부품 협력사◐레이더·전자광학 구성품 (감시정찰·전자전)◐
Financials & Segments
- Total revenue · Five lines: precision strike, ISR, avionics/EW, C4I, other
- Segments · PGM precision strike (Cheongung, Hyeongung, missiles) · ISR (radar, electro-optics) · AEW avionics and EW · C4I command and comms
Revenue from
- 이라크·UAE·사우디 (천궁-II) High confidence· contract 3,700,000,000,000원 · 이라크 천궁-II
Cheongung-II mid-range SAM exported to three countries: Iraq at KRW 3.7tn ($2.8B, signed 2025, revenue from 2028), after UAE and Saudi deals; extending to L-SAM. - 사우디·이라크·UAE (M-SAM 천궁-II 수출) High confidence· contract 3,700,000,000,000원 · 이라크 M-SAM
Exports the M-SAM (Cheongung-II) mid-range SAM to three countries - a 2022 Middle East M-SAM deal, a Feb 2024 Saudi Cheongung-II deal, and a Sep 2024 Iraq M-SAM deal (per the annual report). The Iraq contract is ~KRW 3.7tn ($2.8B), with revenue from 2028. - 방위사업청·국방과학연구소 (국내 정밀유도무기) High confidence· contract 515,700,000,000원 · 천궁-II 2차 양산(2026 공시) · 23.2% of revenue
Main customer is the Korean government (DAPA, ADD, the services). A 2026 disclosure: Cheongung-II (Cheolmae-II upgrade) 2nd-batch missile production at KRW 515.7bn (23.2% of revenue). Also develops/produces Hyeongung, CIWS-II, lightweight torpedo-II, ship-to-air missile-II and the 130mm guided rocket-II.
Pays to
- 유도무기 구성품·탐색기·전자부품 협력사 Medium confidence
Sources seekers, actuators, electronics and propulsion components from domestic defense partners for system integration; input prices track FX and specialty metals. - 레이더·전자광학 구성품 (감시정찰·전자전) Medium confidence
Sources core parts (semiconductors, RF, optics) for search/track/imaging radar and electro-optical and EW systems from home and abroad.
Investments
- Ghost Robotics (미국 4족보행 로봇, 2024 인수) High confidence
In July 2024, acquired US quadruped-robot maker Ghost Robotics through its subsidiary LNGR LLC, adding unmanned/robotics capability for future warfare.