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January 19, 2019

Firstec wins W33.7b order from LIG Nex1

PUBLISHED : September 14, 2018 - 17:51

UPDATED : September 14, 2018 - 17:51

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[DISCLOSURE] Firstec (047810) said on Sept. 14 that it has signed a 33.65 billion won (US$30.10 million) with LIG Nex1 (079550) to supply actuator assembly for Cheolmae-2 missiles. 

This amounts to 20.78 percent of its 2017 revenue and the contract is valid until Nov. 30, 2022.

By Hwang You-mee (glamazon@heraldcorp.com)

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