KONGSBERG has signed a contract with the Czech company PRAGA-Export regarding the Protector Weapon Control System for the Czech Ministry of Defense. The order is valued at approx. MNOK 135.
The Protector weapon control system protects military troops by allowing the vehicle's weapons to be operated from a protected position inside the vehicle.
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, and the defence and aerospace industries. In 2008, KONGSBERG had a turnover of NOK 11 billion, and the Group had 5 371 employees in more than 25 countries as of 30 September 2009.
For further information, please contact: Executive Vice President Egil Haugsdal, mobile phone +47 920 60 027. This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.