Kongsberg Gruppen

Business and Financial Review • Sep 30, 2021

KONGSBERG signs contract to deliver F-35 horizontal and vertical tails

KONGSBERG signs contract to deliver F-35 horizontal and vertical tails

Kongsberg Aviation Maintenance Services AS (KAMS), a subsidiary of Kongsberg Defence & Aerospace, has signed agreements with Lockheed Martin Aeronautics worth 122 mill NOK to supply parts for the F-35 Lightning II program.

The agreement with Lockheed Martin includes assembly and production of horizontal and vertical tails for more than 50 F-35 aircraft in production lots 15-17. The production of these critical parts began back in 2014, and the new order will enable continued production of the parts until 2025, at the KAMS production facility at Kjeller, Norway.

This contract reaffirms KONGSBERG’s longstanding position as a supplier to the F-35 program and secures work for the next four years. This contract also positions us for further participation in future production, says Terje Bråthen, EVP, Kongsberg Defence & Aerospace.

Kongsberg Aviation Maintenance Services AS is majority owned by Kongsberg Defence & Aerospace with 50.1% of the shares and Patria of Finland owning 49.9%.

For further information:

Ronny Lie, Chief Communication Officer, (+47) 91 61 07 98

Jan Erik Hoff, Group Vice President Investor Relations, (+47) 99 11 19 16

KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue of NOK 25.6bn in 2020.

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