KONGSBERG's design chosen for next phase of the US CROWS program

US Army has released new and important information related to the future CROWS program procurement. This announcement refers to a future request for proposal for the next phase of the CROWS Program for the US Army.

"The information from US Army is a confirmation of the leading quality and performance position of the KONGSBERG CROWS system. I view this announcement as very encouraging for us in the upcoming competition for the next phase of the CROWS Program," says Walter Qvam, President and CEO. The US acquisition laws require competition to ensure the US Government the best business, contracting and technical solutions. KONGSBERG has delivered over 10,000 remote weapon stations to date and is the supplier for the US Army’s current CROWS program. Given this production experience and capacity as well as in-depth knowledge of the CROWS design, and a proven ability to adapt to volume fluctuations, places KONGSBERG in a strong competitive position for the future US Army competition.

The direct link to this information can be found at https://www.fbo.gov.

For further information, please contact:
VP Investor Relations Jan Erik Hoff Tel: +47 32 28 83 30Mob: +47 99 11 19 16

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 2010, KONGSBERG had a turnover of NOK 15.5 billion, and the Group had 5 681 employees in more than 25 countries.