TodayKongsberg Defence & Aerospace AS (KONGSBERG) was awarded a contract with theNorwegian Defence Materiel Agency (NDMA) to supply the Joint Strike Missile (JSM) forNorway's fleet of F-35A Lightning II fighter aircrafts. The contract is valued at MNOK 3,950. The partnership between KONGSBERG, the Norwegian Armed Forces and Norwegian Defence Research Establishment in the definition, development and test of the JSM has been critical factor in developing a missile with such advanced capabilities. "The Joint Strike Missile, as part of the Norwegian F-35 fighter jet, enables theNorwegian Air Force to operate within the challenging and complex environment ensuring the defence of vital national interests. The development of the missile has been ongoing since 2008, and with this contract, completes development and test and enters a full rate production phase. This program secures employment and business for KONGSBERG and our extensive supply chain partners for years to come," saysEirik Lie , President ofKongsberg Defence & Aerospace . The JSM is a fifth-generation stealth air-to-surface missile developed to fulfill the F-35's anti-surface warfare and land attack capability needs. The missile can be carried internally ensuring the aircraft's low-signature capabilities, and it has superior performance against well-defended sea- and land targets across long distances. For further information:Ronny Lie , Chief Communication Officer, (+47) 91 61 07 98Jan Erik Hoff , Group Vice President Investor Relations, (+47) 99 11 19 16 This release contains inside information related toKongsberg Gruppen ASA pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This release is issued byJan Erik Hoff , Group Vice President Investor Relations,Kongsberg Gruppen ASA . Date and time of publication :10:15 CET ,10/21/2021 KONGSBERG (OSE-ticker: KOG) is an international, leading global technology corporation delivering mission-critical systems and solutions with extreme performance for customers that operate under extremely challenging conditions. We work with nations, businesses and research environments to push the boundaries of technology development in industries such as space, offshore and energy, merchant marine, defence and aerospace, and more. KONGSBERG has about 11,000 employees located in more than 40 countries, creating a total revenue ofNOK 25.6bn in 2020. Follow us on: kongsberg.com, Facebook, Twitter and LinkedIn
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