Kongsberg Gruppen

Regulatory Filings • Oct 14, 2024

Netherlands to acquire NASAMS and NOMADS air defence systems from KONGSBERG

Netherlands to acquire NASAMS and NOMADS air defence systems from KONGSBERG

The government of the Netherlands has announced plans to acquire NASAMS and NOMADS air defence systems from Kongsberg Defence & Aerospace (‘KONGSBERG’) in a deal expected to be valued at approximately NOK 11 billion.

On October 14, the Dutch government (MoD) filed a recommendation to Parliament, outlining its intention to acquire the new systems as part of the CITADEL programme, a comprehensive integrated air and missile defence programme.

“The Netherlands’ plans to acquire NOMADS and new NASAMS systems will significantly enhance the country’s operational capabilities. This forthcoming acquisition underscores NASAMS position as the world leading medium range air defence system, and the importance of NOMADS as an effective complement to NASAMS, offering a mobile and integrated air defense solution for NATO allies,” said Eirik Lie, President of Kongsberg Defence & Aerospace.

The Netherlands first acquired the NASAMS system in 2006. The new acquisitions will improve and expand the country’s ground-based air defence capabilities. NASAMS can employ a mix of missiles in addition to the AMRAAM. The AMRAAM- Extended Range and AIM-9X Sidewinder offers both longer- and shorter-range capability.

In addition to NASAMS, the CITADEL solution also includes the National Manoeuvre Air Defence System, NOMADS – a highly mobile air defence configuration with short range missiles tailored to protection of land forces in a dynamic and contested land warfare environment.

NOMADS features two launch canisters, each containing two missiles, a 3D radar and a KONGSBERG PROTECTOR remote weapon station. NOMADS is fully integrated with NASAMS and other NATO systems, enabling autonomous and networked operations with multiple vehicles.

KONGSBERG will cooperate with Dutch industry and the weapon system deliveries will commence in 2028.

The company will not make any further statements before the contract is signed, which is expected to take place later in 2024.

This release contains inside information related to Kongsberg Gruppen ASA pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This release is issued by Renate Tegdal, Investor Relations, Kongsberg Gruppen ASA. Date and time of publication: 14:30 CET, 14 October 2024

KONGSBERG (OSE ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers in a wide range of markets such as defence, security, maritime, energy, aerospace, climate mapping and subsea technology. KONGSBERG has more than 13,500 employees in 39 countries and has a total turnover of NOK 40.6 billion in 2023.

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