LIG Defense & Aerospace: Q1 2026 Consolidated Revenue KRW 1.17 Trillion, Operating Profit KRW 171.1 Billion

Consolidated Q1 2026 results: Revenue KRW 1,167.9 billion, operating profit KRW 171.1 billion, net profit KRW 135.4 billion (controlling interest KRW 139.9 billion)
Debt ratio improved to 440.1% (from 446.4% at year-end 2025)
Credit ratings maintained: Corporate bonds AA (Stable), CP A1
Dividend policy: target payout ratio of 25%, with minimum stable dividend of KRW 500 per share
Order backlog of KRW 2.5 trillion (consolidated)
Name change: March 2026 from LIG Nex1 to LIG Defense & Aerospace
New US subsidiaries established: LIG Defense Americas Inc. and LIG Defense U.S. Inc.
Lawsuit: Authentic Brands Korea filed suit over land sale contract invalidity (claim amount KRW 14 billion); first trial closing arguments completed
R&D expenditure of KRW 32.8 billion (2.8% of revenue)