MNC Solution (KRX:484870) has secured a supply contract worth 8.3 billion won with LIG Defense and Aerospace (KRX:079550), according to a Friday filing with the Korea Exchange.
The contract, which will last until July 23, 2028, involves the development and supply of a towing winch for mine detection.
Shares of LIG Defense and Aerospace rose more than 3% in recent trade.