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KONGSBERG awarded NOK 1 billion CROWS order
25 Sep 2023 08:30 CEST
Kongsberg Defence & Aerospace AS (KONGSBERG) has received an order from the US
Army to deliver an additional 409 CROWS remote weapon stations, spares and
support. The order has a value of USD 94 million or approximately NOK 1 billion.
The order is part of the IDIQ* frame contract awarded in October 2022, the
fourth consecutive five-year contract awarded KONGSBERG for the delivery and
support of the US Army Commonly Remotely Operated Weapon Station (CROWS).
“We are very pleased for the opportunity to deliver additional CROWS systems to
the US Army and with the confidence our customers place in our products and our
organization,” says Eirik Lie, President of Kongsberg Defence & Aerospace.
The deliveries will be manufactured and assembled at the KONGSBERG facility in
Johnstown PA.
Over the past 25 years, KONGSBERG has delivered more than 22,000 Remote Weapon
Systems to customers in more than 28 different nations.
*indefinite delivery/indefinite quantity
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