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Hanwha Aerospace signs $642M Cheongung-II system deal with LIG Nex1Hanwha Aerospace said that under the agreements, it will provide rocket launchers and other components for the Cheongung-II medium-range surface-to-air missile defense system to LIG Nex1.
KT, a major Korean telecommunications company, said Thursday it will join hands with defense firm LIG Nex1 to develop propriety technologies for homegrown low Earth orbit (LEO) satellites.
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