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KONGSBERG secures NOK 1.2 billion order for deliveries to F-35 Joint Strike Fighters
22 Sep 2023 08:30 CEST
Kongsberg Defence & Aerospace (“KONGSBERG”) has signed an agreement with
Lockheed Martin Aeronautics worth NOK 1.2 billion to supply parts for the F-35
Joint Strike Fighter Program.
The agreement with Lockheed Martin covers production lots 18-19 for Rudders,
Vertical Leading Edges and Main Landing Gear Closeout panels for the three
versions of the F-35, totalling more than 300 aircraft.
“KONGSBERG has been a long-standing partner to Lockheed Martin on the F-35
program and our latest agreement is testament to our strong position in this
program. It also adds two more years of production from our facility, further
strengthening our position for future lots beyond 2027,” says Eirik Lie,
President of Kongsberg Defence & Aerospace.
Deliveries from the new order will begin in 2025 and will enable continued
deliveries through 2027 from KONGSBERG’s production facility in Norway.
KONGSBERG is currently working on production lots 15-17, totalling more than 450
aircraft, which will be delivered to the customer through 2025.
Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the energy, merchant,
navy and defence and aerospace industries. Kongsberg has more than 12,000
employees in 39 countries and had total revenues of NOK 31.8bn in 2022.
Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn
More information:
Access the news on Oslo Bors NewsWeb site
Source
Kongsberg Gruppen ASA
Provider
Oslo Børs Newspoint
Company Name
KONGSBERG GRUPPEN, Kongsberg Gruppen ASA 16/26 3,20%, Kongsberg Gruppen ASA 16/23 2,90%, Kongsberg Gruppen ASA 18/24 FRN, Kongsberg Gruppen ASA 21/26 FRN
ISIN
NO0003043309, NO0010766512, NO0010779788, NO0010837602, NO0010940422
Symbol
KOG
Market
Euronext Oslo Børs