Category: Business News
Kongsberg Defence & Aerospace (KONGSBERG) and Lockheed Martin signed a contract for KONGSBERG's support of the delivery of the TPY-4 radar to Norway for the Norwegian Radar Sensor (NORSE) Project. Through this ca 900 MNOK contract, KONGSBERG will be a significant partner and subcontractor to Lockheed Martin for the deliveries to the NORSE project. The KONGSBERG scope of delivery includes hardware, software and final assembly and test of the TPY-4 radar systems before installation at the radar sites. "This contract with Lockheed Martin exemplifies the importance of building durable and trusted partnerships to serve both national and international customers. Together we will deliver world class radar technology to the Norwegian Armed Forces. This contract is not only important for KONGSBERG but also for our subcontractors in Norway," says President of Kongsberg Defence & Aerospace, Eirik Lie. In 2018 Lockheed Martin and KONGSBERG signed a Teaming Agreement for cooperation on the delivery of TPY-4 radars to international customers. Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that supplies high-tech systems and solutions to customers in the energy, merchant, navy and defence and aerospace industries. Kongsberg has more than 11,000 employees in 40 countries and a total revenue of NOK 27.5bn in 2021. Read more HERE.
Published: March 26, 2023