LIG Defense&Aerospace Says Government Bidding Ban Is Temporarily Stayed Through Nov. 20
Bitget2026/10/26 22:43- LIG Defense&Aerospace corrected its disclosure on Oct. 27, 2026, reflecting a temporary stay of its public-sector bidding ban through Nov. 20.
- The revised two-year ban runs from Nov. 21, 2026, through Nov. 20, 2028, subject to a Nov. 5 hearing and final ruling.
- Affected public-sector customers account for KRW 2.78 trillion in sales, or 64.5% of consolidated revenue.
- The company filed for a stay and sued to overturn the bidding restriction on Oct. 22, 2026.
- A formal stay would preserve bidding eligibility until a ruling on the lawsuit.
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