Kongsberg Gruppen

M&A Activity • Nov 1, 2024

KONGSBERG secures new JSM contract from Japan

KONGSBERG secures new JSM contract from Japan

Kongsberg Defence & Aerospace (KONGSBERG) has entered a fourth follow-on contract with Japan to supply the Joint Strike Missile (JSM) for the country’s fleet of F-35A fighter aircraft. The contract is valued at NOK 1.9 billion.

The JSM is a 5th generation stealth air-to surface missile developed to fill F-35A anti-surface warfare (ASuW) and land attack capability gaps. JSM can be carried internally in the F-35A thus ensuring the aircraft’s agility, range and low-signature capabilities.

“The fifth order for the Joint Strike Missile underlines the important role of the JSM in Japan’s national defence strategy and is another example of the close and growing relationship between Norway, Japan and Kongsberg,” said Eirik Lie, President of Kongsberg Defence & Aerospace.

Japan first ordered the JSM in 2018 and has since placed several follow-on contracts with KONGSBERG. The JSM user community continues to grow, and now includes Norway, Japan, Australia and the US Air Force.

KONGSBERG (OSE ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers in a wide range of markets such as defence, security, maritime, energy, aerospace, climate mapping and subsea technology. KONGSBERG has more than 13,500 employees in 39 countries and has a total turnover of NOK 40.6 billion in 2023.