Kitron — Environmental & Social Information 2020

Nov 11, 2020

Northrop Grumman awards F-35 development contract to Kitron

Northrop Grumman awards F-35 development contract to Kitron

(2020-11-11) Kitron has been awarded a development contract to update a F-35

test program set (TPS) and provide a repair capability for Kitron and a United

States Government (USG) Depot. The contract is for a three-year development

program, with a total value of NOK 20 million. The development will be done at

Kitron's facility in Arendal, Norway.

The TPS was designed and demonstrated by Kitron under a previous contract. The

fully redesigned TPS will enable both Kitron and the USG Depot to detect and

isolate faults in the L-Band Pre-Selector (LBPS) Line Replaceable Units (LRUs),

which is a module within the F-35 aircraft's Communication, Navigation and

Identification (CNI) avionics suite, developed by Northrop Grumman.

"This contract shows that Kitron's role in the F-35 program extends beyond

production to include development projects. It also points forward to

substantial business opportunities within maintenance and repair, which Kitron

will definitely pursue," said Hans Petter Thomassen, Managing Director of Kitron

Norway.

Northrop Grumman's integrated CNI suite provides F-35 pilots with the capability

of more than 27 avionics functions including voice and data communication. By

using its industry-leading software-defined radio technology, the design allows

the simultaneous operation of multiple critical functions while greatly reducing

size, weight and power demands on the advanced fighter aircraft.

The Lockheed Martin F-35 Lightning II is the world's most advanced military

aircraft and for over a decade, the U.S. and our allies have invested in

developing this fifth-generation, international, multirole fighter aircraft that

will serve as a cornerstone of global security in the 21st century.

Norway is one of the international partner countries participating in the F-35

program. Under the Manufacturing License Agreement between Kitron ASA and

Northrop Grumman, Kitron will manufacture and repair several subassemblies for

the F-35 Joint Strike Fighter.

For further information, please contact:

Peter Nilsson, President and CEO, tel. +47 948 40 850

Hans Petter Thomassen, Managing Director Kitron Norway, tel: +47 913 92 360

E-mail: investorrelations@kitron.com (mailto:investorrelations@kitron.com)

Kitron is a leading Scandinavian electronics manufacturing services company for

the Defence/Aerospace, Energy/Telecoms, Industry, Medical devices and

Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania,

Germany, Poland, China and the United States. Kitron had revenues of about NOK

3.3 billion in 2019 and has about 1 700 employees. www.kitron.com

(http://www.kitron.com)

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.