Kitron — Regulatory Filings 2020

Jun 25, 2020

Northrop Grumman Awards Contracts to Kitron

Northrop Grumman Awards Contracts to Kitron

(2020-06-25) Northrop Grumman Corporation (NYSE: NOC) has awarded Kitron a

contract for production of Integrated Communications, Navigation and

Identification (ICNI) modules for the F-35 Lightning II program. Deliveries will

secure a backlog into 2021 and have a total value of more than USD 18 million.

Production will take place at Kitron's plant in Norway.

The sub-contract relates to the Long-Term Supply Agreements announced on 21

September 2015 and 24 November 2016 and covers Lot 12 through Lot 14.

Northrop Grumman's ICNI system provides F-35 pilots with more than 27 fully-

integrated operational functions. Using its industry-leading software-defined

radio technology, Northrop Grumman's design allows the simultaneous operation of

multiple critical functions while greatly reducing size, weight and power

demands on the advanced F-35 fighter. These functions include Identification

Friend or Foe (IFF), automatic acquisition of fly-to points, and various voice

and data communications such as the multifunction advanced data link.

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

program. Under a manufacturing license agreement between Kitron and Northrop

Grumman, Kitron will manufacture sub-assemblies for the F-35 Joint Strike

Fighter.

The Lockheed Martin (NYSE: LMT) F-35 Lightning II is the world's most advanced

military aircraft, combining advanced stealth with fighter speed and agility,

advanced mission systems, fully fused sensor information, network-enabled

operations and cutting-edge sustainment.

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

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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

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This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.