Kongsberg Gruppen

Regulatory Filings • Sep 22, 2023

KONGSBERG secures NOK 1.2 billion order for deliveries to F-35 Joint Strike Fighters

KONGSBERG secures NOK 1.2 billion order for deliveries to F-35 Joint Strike Fighters

Kongsberg Defence & Aerospace (“KONGSBERG”) has signed an agreement with Lockheed Martin Aeronautics worth NOK 1.2 billion to supply parts for the F-35 Joint Strike Fighter Program.

The agreement with Lockheed Martin covers production lots 18-19 for Rudders, Vertical Leading Edges and Main Landing Gear Closeout panels for the three versions of the F-35, totalling more than 300 aircraft.

“KONGSBERG has been a long-standing partner to Lockheed Martin on the F-35 program and our latest agreement is testament to our strong position in this program. It also adds two more years of production from our facility, further strengthening our position for future lots beyond 2027,” says Eirik Lie, President of Kongsberg Defence & Aerospace.

Deliveries from the new order will begin in 2025 and will enable continued deliveries through 2027 from KONGSBERG’s production facility in Norway. KONGSBERG is currently working on production lots 15-17, totalling more than 450 aircraft, which will be delivered to the customer through 2025.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the energy, merchant, navy and defence and aerospace industries. Kongsberg has more than 12,000 employees in 39 countries and had total revenues of NOK 31.8bn in 2022.

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