Kongsberg wins NOK 109 millions contract for remote weapon from GD
12:00 AM, October 4, 2010
Kongsberg has received an order from General Dynamics Land Systems valued at NOK 109 millions for the delivery of Protector remote weapon station (RWS) for the armored personnel carrier Stryker to the US Army. The Protector RWS protects military troops by allowing the vehicle's weapons to be operated from a protected position inside the vehicle. Kongsberg 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 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.