Kongsberg Gruppen

Regulatory Filings • Sep 9, 2022

KONGSBERG has received an order for Naval Strike Missiles worth MNOK 328

KONGSBERG has received an order for Naval Strike Missiles worth MNOK 328

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 328. Raytheon is prime contractor to the US Navy.

The order is related to the OTH WS framework agreement announced 31 May 2018 with a total cumulative scope of BNOK 7.8. So far, KONGSBERG has received orders for MNOK 1 762 under this framework agreement.

“We register a significant increase in the annual call-offs. This creates jobs and demand for increased production capacity, both for us and our suppliers. As announced at KONGSBERG’s CMD in June, the company has started a significant investment in a new missile factory", says Director of the Missile Division Øyvind Kolset.

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 11,000 employees in 40 countries and a total revenue of NOK 27.5bn in 2021.

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