Contract worth 200M NOK, Naval Strike Missile for Norway and Germany

Kongsberg Defence & Aerospace AS (KONGSBERG) has entered into contract with the Norwegian Defence Materiel Agency worth 220M NOK for a cooperation agreement on the Naval Strike Missile (NSM).

The Norwegian Government announced February 2017 the Strategic Cooperation with Germany for acquisition of new submarines, where Germany intends to acquire NSM for their Navy. Norway and Germany will cooperate in a long-term evolution of the NSM for their vessels. This contract is the first phase in this cooperation and has a duration of one year.

«This contract is an important milestone in a long-term Norwegian-German cooperation on missiles. The NSM is a product of the unique triangle cooperation developed between the defense industry, FFI and the Armed Forces», says Eirik Lie, President Kongsberg Defence & Aerospace AS.

Pictured, from left: Commodore Thomas T. Wedervang, Norwegian Defence Materiel Agency, and Øyvind Kollset, Executive Vice President Missile Systems, Kongsberg Defence & Aerospace.

For further information:
Øyvind Kolset, Executive Vice President Missile Systems, Kongsberg Defence & Aerospace AS, Mob (+47) 930 57 412.

KONGSBERG (OSE-ticker: KOG) is an international, knowledge-based group delivering high-technology systems and solutions to clients within the oil and gas industry, merchant marine, defence and aerospace. KONGSBERG has 7,000 employees located in more than 25 countries and total revenues of NOK 14.5 billion in 2017. Follow us on Twitter.

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