KONGSBERG has booked an order valued at MNOK 152 to the CROWS II program.
The CROWS II order with the US Army is for spare parts and is part of the increased CROWS II frame contract disclosed on 14 January 2011. The initial CROWS II framework agreement was disclosed on 22 August 2007.
CROWS is a joint acquisition program for weapon stations for the US Army`s vehicle programs. A common solution will result in substantial efficiency gains in respect of protection, training, support and further development.
For further information, please contact: Executive Vice President Egil Haugsdal, Kongsberg Protech SystemsTel: +47 32 28 77 20
KONGSBERG (OSE Ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers engaged in the oil and gas industry, the merchant marine industry, and the defence and aerospace industries. In 2009, KONGSBERG had a turnover of NOK 13.8 billion, and the Group had 5 423 employees in more than 25 countries.
This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.