KONGSBERG contract for upgrading Norway`s NASAMS II air defence system worth 300 MNOK

1/11/2013 9:25 AM EST

KONGSBERG has signed a contract worth 300 MNOK to 
deliver an upgrade to the Royal Norwegian Air Force 
NASAMS II air defence system. NASAMS is produced by 
KONGSBERG and Raytheon. The upgrade will be completed 
within a timeframe of three years. The contract 
comprises upgrading of existing missile launchers 
with new electronics and software for increased 
performance and lifetime extension.

"The NASAMS II ground-based air defence system is an 
important integral part of Norway's air- and ground 
protection. NASAMS is the most sold air defence 
system in NATO, where Norway, with its experience and 
expertise, is a leading air-defence nation, "said 
Eirik Lie, Executive Vice President, Kongsberg 
Defence Systems.

For further information, please contact: 
Eirik Lie, Executive Vice President, Kongsberg 
Defence Systems, Mob +47 917 04 933.

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 7 000 co-workers in more than 
25 countries.

This information is subject to disclosure 
requirements pursuant to §5-12 of the Norwegian 
Securities Trading Act