South Korea hires LIG Nex1 to make new maritime missile, replace SM-2

March 20, 2024

Defense News

South Korea has awarded a contract to LIG Nex1 to develop a new naval surface-to-air missile destined to arm destroyers.

The contract, issued by the Defense Acquisition and Program Administration on March 14, is worth 330.6 billion won (U.S. $246.9 million).

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