KONGSBERG to deliver Joint Strike Missiles (JSM) to US Air Force

27 Jan 2025 08:30 CET

Kongsberg Defence & Aerospace (KONGSBERG) has been awarded a $70m
firm-fixed-price modification to a previously awarded contract for the Joint
Strike Missile, according to a statement by the US Department of Defense. The
modification brings the total cumulative face value of the contract to $208m.
Work will be performed at Kongsberg, Norway, and is expected to be completed in
2027.

“We are pleased to welcome the US Air Force to the JSM user group and look
forward to continue to support US defence capabilities with strike missiles from
KONGSBERG,” said Eirik Lie, President of Kongsberg Defence & Aerospace.

KONGSBERG in June 2024 signed an Undefinitized Contract Action (UCA) with USAF
for the delivery of JSM.

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 14,000
employees in 39 countries and had total revenues of NOK 40.6bn in 2023.

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