KONGSBERG has signed a contract with the US Army increasing the existing CROWS II frame contract with 451 million NOK for purchase of spare parts.
KONGSBERG has also received purchase orders for spares and repairs valued 364 million NOK. 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.
The initial CROWS II framework agreement was disclosed on 22 August 2007.
The PROTECTOR Weapon Control System protects military troops by allowing the vehicle's weapons to be operated from a protected position inside the vehicle
For further information, please contact: Executive Vice President Egil Haugsdal, Kongsberg Protech SystemsMob: +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.