# LIG Nex1 signs 345.5 billion won contract with KAI for reconnaissance aircraft components

LIG Nex1 signed a 345.45 billion won contract with Korea Aerospace Industries (KAI) to develop and supply components for the Baekdu reconnaissance aircraft capability enhancement project, with a contract period from April 7, 2022 to December 31, 2026.

- Type: Contract
- Announced: 2022-04-08
- Where: South Korea
- Value: $280.0M (345.4B KRW)
- Status: announced
- Products: reconnaissance aircraft components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [LIG Nex1](https://endata.com/companies/724.md)
- [Korea Aerospace Industries](https://endata.com/companies/2831.md) (customer)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202204081015403125), 2022-04-08: "LIG넥스원은 8일 한국항공우주산업(KAI)과 3454억5000만원 규모의 백두체계능력보강 2차사업 구성품 개발 공급계약을 체결했다고 공시했다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.