The Norwegian Government today presented a bill to the Parliament to further development of the Joint Strike Missile (JSM)

The Norwegian Government today presented a bill to the Parliament on the completion of the Joint Strike Missile (JSM) and preparing it for integration to the F-35 Lightning II Joint Strike Fighter (JSF). Pending Parliament approval, for KONGSBERG this entails a continuous development and finalization of a complete product in 2017.

“We are very pleased that the Government has presented its bill as indicated in the Revised National Budget on May, 14th 2014. A parliament approval means completion of the JSM and preparing the product for the market, says Harald Ånnestad, President of Kongsberg Defence Systems.

In future full-scale production the JSM-programme has potential of creating more than 450 jobs in KONGSBERG, and also provides significant assignments to over 100 Norwegian subcontractors for decades. JSM has a significant international market potential over the next 20-30 years, with great industrial spin-offs.    

For further information, please contact:
Harald Ånnestad, President Kongsberg Defence Systems, (+47) 920 60 087.
Pål Bratlie, Executive Vice President Kongsberg Defence Systems, (+47) 930 57 243.

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 more than 7 500 employees located in more than 25 countries and total revenues of NOK 16.3 billion in 2013. In 2014 KONGSBERG celebrates its 200th anniversary. For further information on our anniversary, please visit our anniversary website.

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