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LIG Nex1’s guided rocket passes US performance test

Korea Economic Daily LogoKorea Economic Daily1d ago

LIG Nex1’s guided rocket passes US performance test - Korea Economic Daily

Quick Summary:

LIG Nex1 Co., a South Korean defense company, said on Monday its Poniard guided rocket has passed the final performance test of the US Foreign Comparative Testing (FCT) conducted by the US Department of Defense, raising the chances for its entrance into the US guided weapons market.The 2.75-inch guided rocket system, “Bigung,” hit all six targets in the test undertaken in the waters off Hawaii in a real-world scenario on Friday.

Installed on an unmanned surface vehicle developed by Textron Inc., a US aircraft company, the guided rocket has recorded a hit rate without a single error until the final test last week, said LIG Nex1.

LIG Nex1 expects the successful completion of the final performance test would open door the exports of the rocket system, adopted only by the Korean Armed Force.


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Category: Economy

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-15 @ 16:56:14 (1 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 21623532

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Official Website: kedglobal.com

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Year Established: 1964

Headquarters: South Korea

News Last Updated: 1 hours ago

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