Kongsberg Automotive wins contracts worth over EUR 49 million in estimated lifetime revenue
Zurich, December 22, 2023: Kongsberg Automotive (KA) has won two contracts worth EUR 49 million in estimated lifetime revenue. KA won both for a global automotive manufacturer of 4x4 vehicles based in Europe. The awards are worth: 1. Over EUR 34 million in lifetime revenue for hose and tube assemblies (Flow Control Systems) KA’s hose and tube assemblies transport fluid (including fuel, oil, and vapor) around vehicles, and can withstand extreme temperatures. This is a 10-year contract and KA’s Epila, Spain and Normanton, United Kingdom plants will produce and supply the product.