Kongsberg Gruppen

Regulatory Filings • Jun 2, 2023

KONGSBERG has received an order for Naval Strike Missiles worth MNOK 1 345

KONGSBERG has received an order for Naval Strike Missiles worth MNOK 1 345

Kongsberg Defence & Aerospace AS (KONGSBERG) has received an order from Raytheon Missiles & Defence for Naval Strike Missiles (NSM) to the US Navy Over-The-Horizon Weapon System (OTH WS) program worth MNOK 1 345. Raytheon is prime contractor to the US Navy.

The order is related to the OTH WS framework agreement announced 31 May 2018. KONGSBERG has signed orders for MNOK 3 110 under this framework agreement.

"This is the largest NSM-order from US Navy so far. This generates jobs and demand for increased production capacity, both for us and our suppliers. As announced at KONGSBERG’s CMD in June 2022, we have started a significant investment in a new missile factory that will be finished in June next year", says Eirik Lie, President of Kongsberg Defence & Aerospace.

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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