LIG Defense and Aerospace announced on the 24th that it has signed its first mass production purchase agreement for the Long-range Surface-to-Air Missile (L-SAM) with Hanwha Aerospace, valued at 120,150,826,587 KRW.

This contract involves the delivery of L-SAM ABM components, and the stated amount is the net contract value excluding value-added tax. This figure represents 2.79% of the company's most recent consolidated revenue for 2025 (4,306,936,127,418 KRW).

The key details of the contract are as follows:

• Counterparty: Hanwha Aerospace
• Contract Period: July 24, 2026 – October 30, 2029
• Contract Payment: Payments will be made in accordance with the rules for advance and interim payments related to the defense industry.

Additionally, the company noted that the contract amount and period may be subject to change depending on the progress of the project in the future.