CROWS order valued at MNOK 195
9/25/2012 7:36 AM EST
KONGSBERG has received a purchase order to the CROWS
II program valued NOK 195 million.
The CROWS II order with the US Army is for spare
parts and is part of the increased CROWS II frame
contract disclosed on 4 July 2012.
The initial CROWS II framework agreement was
disclosed on 22 August 2007.
CROWS is a joint acquisition program for weapon
stations for the US Army`s vehicle programs. A common
solution will result in substantial efficiency gains
in respect of protection, training, support and
further development.
The Protector Weapon Control System protects military
troops by allowing the vehicle's weapons to be
operated from a protected position inside the vehicle.
For further information, please contact:
President Egil Haugsdal, Kongsberg Protech Systems,
tel: +47 32 28 77 20
KONGSBERG (OSE Ticker: KOG) is an international,
knowledge-based group that supplies high-technology
systems and solutions to customers engaged in the oil
and gas industry, the merchant marine industry, and
the defence and aerospace industries. In 2011, the
Group had operating revenues of NOK 15.1 billion, and
it currently has some 6 700 co-workers in more than
25 countries.
This information is subject to disclosure
requirements pursuant to §5-12 of the Norwegian
Securities Trading Act