Very positive decision on new MTBs

- KONGSBERG is very pleased with the Norwegian Storting's (parliament) decision to build five new Skjold Class MTBs, and the importance this has for the serial production of the new Naval Strike Missile (NSM), says CEO Jan Erik Korssjøen.

KONGSBERG will co-operate with the French company Armaris to deliver the  command- and control system for the new vessels, and KONGSBERG's share of the contract is estimated to be somewhere around MNOK 700. The formal signing of the contract with The Royal Norwegian Navy is expected to be performed in near future.

Additional information is available in a bulletin of 4 July 2003.