Kongsberg Defence & Aerospace AS (KONGSBERG) has received an order from Raytheon Missiles & Defense for Naval Strike Missiles (NSM) to the US Navy Over-The-Horizon Weapon System (OTH WS) program worth MNOK 328.
Raytheon is prime contractor to the US Navy.
The order is related to the OTH WS framework agreement announced 31 May 2018 with a total cumulative scope of BNOK 7.8. So far, KONGSBERG has received orders for MNOK 1 762 under this framework agreement.
We register a significant increase in the annual call-offs. This creates jobs and demand for increased production capacity, both for us and our suppliers. As announced at KONGSBERG’s CMD in June, the company has started a significant investment in a new missile factory.
Øyvind Kolset, Director of KONGSBERG’s Missile Systems division
Source: KONGSBERG news release
