CROWS order valued at MNOK 195
KONGSBERG has received a purchase order to the CROWS II program valued NOK 195 million.
The CROWS II order with the US Army is for spare parts and is part of the increased CROWS II frame contract disclosed on 4 July 2012.
The initial CROWS II framework agreement was disclosed on 22 August 2007.
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 Control 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.