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Raytheon receives first contract to build Naval Strike Missile launchers in the US

Production will occur at Raytheon’s Louisville, Kentucky facility.LOUISVILLE, Ky. — Raytheon Company (NYSE: RTN) has received an initial contract to produce Naval Strike Missile (NSM) launchers at its production facility here. The deal ushers in U.S. manufacturing of the Norwegian-developed weapon system. Kongsberg Defence Systems awarded the initial contract for qualification units. The award follows a July announcement that Raytheon will produce NSM launchers in the U.S. The company also plans to perform final assembly, integration and test of the Naval Strike Missile at Raytheon’s

Kongsberg Defence Systems enters into agreement with PGZ (Polish Armaments Group)

Kongsberg Defence Systems (KONGSBERG) has entered into agreement with PGZ (Polish Armaments Group) to develop business opportunities across the two organizations. KONGSBERG with its 7.500 employees and PGZ with 17.500 are both significant European defence industries. KONGSBERG and PGZ have a long successful cooperation in Poland delivering the NSM (Naval Strike Missile) based Coastal Missile System for the Polish Navy. With this new agreement, the two companies extend the cooperation pursuing new opportunities across air defence, naval programs and space activities with the aim to build

KONGSBERG signs NOK 1.1 billion JSM contract with the Armed Forces

Kongsberg Gruppen ASA (KONGSBERG) has signed a Phase III contract with the Norwegian Defence Logistics Organization (NDLO) to complete the development of the Joint Strike Missile (JSM) and prepare it for integration on the F-35 Lightning II Joint Strike Fighter (JSF). This contract is valued at NOK 1.1 billion, and comes on the heels of a bridge phase contract signed on 29 November 2013, bringing the total scope of JSM development Phase III to some NOK 1.5 billion.JSM development work has going on since 2008 and will be a continuous activity up until the completion of a complete product in

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 strengthens position in space and surveillance

Kongsberg Defence & Aerospace AS, a wholly-owned company in the Kongsberg Group (KONGSBERG), has entered into an agreement to acquire 100% of the shares in Horten-based company Norspace AS. It is expected that the transaction will be completed by the end of October.Norspace AS was established in 2003 and is an extension of the former AME Space and Alcatel Space Norway. Norspace AS currently has 95 employees and is world-leading in its field of supplying high-tech components and equipment to the international space industry. The company participates in a number of international space

The Norwegian Government has decided to present the continued development of KONGSBERG`s JSM (Joint Strike Missile) for the Parliament

The Norwegian Government has decided to present the continued development phase II of the Joint Strike Missile (JSM) for the F-35 Lightning II – Joint Strike Fighter (JSF) - for the Parliament (“The Storting”).For KONGSBERG this represents a continuation of the JSM development until 2013, should the Storting approve it. There is consensus between KONGSBERG and the Norwegian Defence Logistics Organization (NDLO) for a JSM phase II development contract worth MNOK 535. The contract will engage more than 100 employees at KONGSBERG. The JSM development started in 2008. A development contract

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