R&D expenses of LIG Nex1 2016-2023

Published by
Jang Seob Yoon,
Jul 18, 2024

3In 2022, the research and development (R&D) expenses of LIG Nex1 amounted to around 69 billion South Korean won. This was a decrease from the previous year, although the company's R&D expenses had grown overall in recent years. LIG Nex1 is an aerospace manufacturer and defense company based in South Korea.

Research and development (R&D) expenses of South Korean aerospace company LIG Nex1 from 2016 to 2023 (in billion South Korean won)

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Release date

March 2024

Region

South Korea

Survey time period

2016 to 2023

Special properties

consolidated

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.72 U.S. dollars or 0.67 euros as of July 2024.

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