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Norway's Kongsberg signs $900 mln missile contract with US Navy
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Norway's Kongsberg signs $900 mln missile contract with US Navy
Nov 12, 2024 7:53 PM

Nov 12 (Reuters) - Norwegian defence manufacturer

Kongsberg Gruppen ( NSKFF ) said on Tuesday it has signed a

five-year missile contract with the United States Navy for

around 10 billion Norwegian crowns ($904.04 million).

The contract includes options that could bring the total

value to about 12 billion Norwegian crowns, it added.

Kongsberg said it will deliver its Naval Strike Missile

(NSM), an advanced anti-ship missile system, to the US Navy and

Fleet Marine Force under this contract.

"This contract is the largest missile contract in

Kongsberg's history and an important milestone for us," said CEO

Geir Haoy.

($1 = 11.0615 Norwegian crowns)

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