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KONGSBERG awarded new NSM contract

Summary by APDR
Kongsberg Defence & Aerospace (’KONGSBERG’) has signed a multi-year procurement contract with the US Navy for the delivery of Naval Strike Missile (NSM) missiles to the Navy and Fleet Marine Force over a five-year period. The fixed price contract awarded today is valued at NOK 10 billion. This contract includes options which, if exercised, would bring the cumulative value of this contract to about NOK 12 billion. “This contract is the largest …
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