KONGSBERG has signed CROWS contract worth MUSD 48

Kongsberg Defence & Aerospace AS (KONGSBERG) has signed a new contract for new remote weapon stations (RWS) to the American CROWS-program, worth MUSD 48. The order intake from the CROWS-program has been good in the third quarter, and with this contract the total order income during the quarter from the CROWS-program amounts to MUSD 89. These orders are related to CROWS framework agreement (Indefinite Delivery/Indefinite Quantity - IDIQ), which was announced 14 September 2018 with a total scope up to MUSD 498. With these latest contracts, KONGSBERG has signed contracts worth MUSD 340, equivalent to 68% of the total framework agreement.

“These orders show the importance of the framework agreement and our position as a supplier of remote weapon stations to the USA”, says Eirik Lie, President Kongsberg Defence & Aerospace AS.