Kongsberg Automotive wins contract extension worth over EUR 30 million in estimated lifetime revenue
Zurich, December 22, 2023: Kongsberg Automotive’s (KA) Flow Control Systems (FCS) business unit has won a three-year contract extension worth over EUR 30 million in estimated lifetime revenue. The long-term agreement extension is for FCS Couplings’ compressed air systems. KA’s state-of-the-art engineered air brake systems, Raufoss Couplings® and Raufoss ABC™ System are designed to meet individual specifications and requirements of the commercial vehicle OEM. In addition to offering KA’s customers the optimal system performance, Raufoss ABC system enables an efficient vehicle assembly