LIG Nex1 Co., Ltd. (Korean: 엘아이지넥스원; RR: Elaiji Nekseuweon), formerly known as LG Innotek (Korean: 엘지이노텍; RR: Elji Inotek) is a South Korean aerospace manufacturer and arms manufacturer.
In 2013, a consortium led by South Korea private equity firm STIC Investments acquired 49 percent stake in LIG Nex1 for 420 billion Korean won.
[6] It is one of the major suppliers of weapon systems for the Republic of Korea Armed Forces, as well as an international exporter of weapon systems.
The company was established on February 25, 1976, under the name Goldstar Precision Industries (Korean: 금성정밀공업; Hanja: 金星精密工業; RR: Geumseong Jeongmil Gongeop) as a subsidiary of Goldstar Electronics (now LG Electronics).
The company changed its name to LG Innotek (Korean: LG이노텍; RR: Elji Inotek) in 2000, and since 2004 it has been incorporated as a subsidiary of LIG Group under the name Nex1 Future (Korean: 넥스원퓨처; RR: Nekseuweon Pyucheo), and changed its name to LIG Nex1 in 2007.