LIG D&A and Doosan Enerbility to jointly develop engines for guided weapons

LIG Defense & Aerospace (LIG D&A) and Doosan Enerbility have agreed to jointly develop engines for guided missiles and aircraft, combining the defense firm’s missile expertise with the power equipment maker’s turbine technology, LIG D&A said Tuesday. The two companies signed a memorandum of understanding on Monday at Doosan Tower in the Bundang area of Seongnam, Gyeonggi Province. The ceremony was attended by the head of LIG D&A’s missile systems business division, the head of Doosan Enerbility’s power service business group and other senior officials. LIG D&A, formerly known as LIG Nex1, is Korea’s leading maker of guided weapons, which are missiles and other munitions that can be steered toward a target after launch. The company changed its name in March to reflect its expansion into aerospace. Doosan Enerbility, best known for building power plant equipment, is developing next-generation aircraft propulsion technology based on expertise built up in gas turbines for electricity generation. Under the agreement, the companies will pair LIG D&A’s capabilities in developing and

Doosan Enerbility said Tuesday it will collaborate with LIG Defense & Aerospace (LIG D&A) to develop engines for guided weapons amid growing global demand for defense systems. The companies signed a memorandum of understanding (MOU) to cooperate on the development, testing, verification and certification of propulsion systems for guided weapons. Under the agreement, LIG D&A will oversee the development of guided weapon systems, while Doosan Enerbility will focus on developing engines to power them. The partnership aims to combine LIG D&A's expertise in precision-guided weapons with Doosan Enerbility's engine technologies to strengthen their competitiveness in the global defense market.

SEOUL, Oct. 20 (Yonhap) -- Doosan Enerbility Co. said Tuesday it will collaborat...