CROWS order valued at MNOK 161

KONGSBERG has received an order to the CROWS III program valued MNOK 161.

The order with the US Army is part of the framework agreement disclosed on  August 18. 2012. The framework agreement is for production, system support and technical engineering support of the M153 CROWS (Common Remotely Operated Weapon Stations) Remote Weapon Station (RWS)

CROWS is a joint acquisition program for weapon stations for the US Army`s vehicle programs. A common solution will result in substantial efficiency gains in respect of protection, training, support and further development.

The Protector Weapon Station System protects military troops by allowing the vehicle's weapons to be operated from a protected position inside the vehicle.

For further information, please contact:
President Egil Haugsdal, Kongsberg Protech Systems, tel: +47 32 28 77 20

KONGSBERG (OSE Ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers engaged in the oil and gas industry, the merchant marine industry, and the defence and aerospace industries. In 2011, the Group had operating revenues of NOK 15.1 billion, and it currently has some 6 700 co-workers in more than 25 countries.

This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.