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Kongsberg Protech signs amendment worth MNOK 31

Kongsberg Gruppen, through its subsidiary Kongsberg Protech AS, has signed an amendment to a previous contract with General Dynamics Land Systems, regarding the delivery of weapons control systems for the US ArmyŽs Interim Brigade Combat Team's light armoured vehicle.

The amendment is worth appr. MNOK 31, and is a follow-up to the MNOK 360 contract that was signed in May this year. Altogether, the orders may add up to a value of about MNOK 2000, distributed over 5 to 6 years, at a pace commensurate with US defence budgets, according to our bulletin to the Oslo Stock Exchange, dated 7 May 2001.