CROWS Contract Worth NOK 515 M

(August 3, 2010) -- KONGSBERG has booked an order valued at NOK 515 millions from the US Army.

The order is part of the increase of the Common Remotely Operated Weapon Stations (CROWS) framework agreement for up to 10.349 systems signed in December 2009.

The initial CROWS II framework agreement was disclosed to the Oslo Stock Exchange on 22 August 2007.

CROWS is a joint acquisition program for weapon stations for the US Army`s vehicle programs. A common solution will result in substantial efficiency gains in respect of protection, training, support and further development.

Source : Kongsberg Gruppen