Kongsberg Automotive wins contract worth EUR 32.6 million in estimated lifetime revenue
Kongsberg Automotive (KA)’s Powertrain and Chassis (P&C) business segment has secured a contract worth EUR 32.6 million in estimated lifetime revenue corresponding to annual revenue of EUR 6.5 million. P&C was awarded this contract by a global original equipment manufacturer (OEM), for a family of stalk devices, which uses the right-hand stalk attached to the steering column as a shift-by-wire shifter for Automatic Manual Transmissions (AMT) as well as the addition of variants for Manual Transmission (MT) applications. This product is KA’s first for the new generation of ASIL B,