KONGSBERG wins contract to upgrade the ULA-class submarines worth 220 MNOK

Kongsberg Defence Systems (KONGSBERG) has entered into agreement with the Norwegian Defence Materiel Agency (NDMA Naval Systems) to upgrade part of the main weapon system of the Norwegian ULA-class submarines. The contract value is 220 MNOK and will be delivered over four years.

KONGSBERG has supplied the Combat System to the ULA-class and has conducted several upgrade programs over the last years which now also will include electronics and functionality for handling the submarines torpedoes. This upgrade program will contribute to keep the ULA-class operational until the New Generation Submarines are introduced.

“KONGSBERG is pleased to be part of the update program ensuring the ULA-class operational capability until the New Generation Submarines arrives”, says Eirik Lie, President (Act.), Kongsberg Defence Systems.

For further information:

Eirik Lie, President (Act.), Kongsberg Defence Systems, Tel.: +47 917 04 933.

KONGSBERG (OSE-ticker: KOG) is an international, knowledge-based  group delivering high technology systems and solutions to clients within the oil and gas industry, merchant marine, defence and aerospace. KONGSBERG has 7 400 employees located in more than 25 countries and total revenues of NOK 17.0 billion in 2015. Follow us on Twitter: @kongsbergasa.

This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.