Kongsberg Signs Contract Worth Nok 3,7 Bn for NASAMS

KONGSBERG's long-time strategic partner Raytheon, located in the US, today announced they have signed a contract for NASAMS (National Advanced Surface-to-Air Missile System) air defence system with Oman

KONGSBERG is a subcontractor of NASAMS elements to Raytheon. NASAMS is marketed internationally by Raytheon as prime in cooperation with US government. KONGSBERG's contract is worth NOK 3,7 billion.

NASAMS is developed to defend high value civilian and military assets on the ground against air threats. Norway deployed NASAMS during President Obama`s visit to Oslo to receive the Nobel Peace Prize in 2009, and the United States has deployed NASAMS in a 24/7 operation for the last eight years to protect the airspace above Washington DC. Several nations have chosen NASAMS, including Norway, Finland, The Netherlands, USA, Spain and now Oman.

"The cooperation with Raytheon has over the years developed into a close and strong partnership with a large potential market for our air defence solutions. This agreement with Oman is the single largest supply- contract in KONGSBERG's history and is a strong evidence of NASAMS` international position", says Walter Qvam, CEO in KONGSBERG.

"NASAMS is the most sold air defence system in its class in the last 10 years. Its modularity and open architecture enable a continuous evolution in performance to meet the latest threats. This makes NASAMS a sure choice today and for the future", says Harald Ånnestad, President in Kongsberg Defence Systems.

Source: Kongsberg Gruppen
Date: Jan 24, 2014