Babcock and LIG Nex1 sign MoU
Image courtesy Babcock
The signing ceremony was held during the EURONAVAL 2024 exhibition in Paris, France, with senior representatives from both companies in attendance, including Park.Taesik LIG Nex1’s PGM Division Head and Mark Goldsack, Managing Director of Business Growth and AUKUS at Babcock.
As demand grows for rapid market entry and effective weapons systems integration with global MRO, we will contribute our long-standing, global capabilities in maintaining and servicing defence equipment with LIG Nex1, applying our extensive experience and technological expertise in defence systems. Together, we’ll focus on building robust infrastructure, supply chains and services to meet the specific requirements of customers in emerging international markets.
Mark Goldsack, Managing Director of Business Growth and AUKUS, Babcock said:” This is an exciting step in growing our portfolio of international partnerships and the opportunity to leverage the skills and expertise of organisations such as LIG Nex1 in markets where we can make a real impact through our combined offering.
“We look forward to harnessing our collective capabilities.”
Park. Taesik, LIG Nex1 PGM division head added: “The future global competitiveness of K-Defence largely depends on securing sustainable MRO Capabilities”, adding “We hope this MOU will serve as a catalyst to further strengthen LIG Nex1’s position in the international defence market.”
