Kongsberg Automotive secures major contract extension worth EUR 523 million in estimated lifetime revenue
Zurich, April 26, 2024: Kongsberg Automotive (KA) has won a contract extension worth EUR 523 million in estimated lifetime revenue for KA’s Gear Control Unit (GCU) with integrated clutch actuator. The GCU is a valve-based device designed for manual transmission trucks, allowing them to be driven as automatic transmission trucks if desired. This innovative technology enhances operator convenience by eliminating the need to switch gears while preserving the fuel efficiency typical of manual transmissions. KA has been producing the GCU product for over seven years and the contract