Category: Business News
BUCHAREST (Romania), December 13 (SeeNews) – Norwegian defence related systems and products supplier Kongsberg Defence & Aerospace said on Tuesday it has been awarded a 1.35 billion NOK ($135 million/ 128 million euro) contract by U.S.-based Raytheon Missiles & Defense for the delivery of a Naval Strike Missile (NSM) Coastal Defence System to Romania.
The NSM can be launched from both land-and sea-based platforms and is already in use by, or chosen by 11 countries, Kongsberg said in a statement filed with the Oslo Stock Exchange.
“The NSM-based system will provide Romania with the most modern and effective coastal defence available today. The contract also continues the successful cooperation we have with Raytheon Missiles & Defense,” Kongsberg Defence & Aerospace president Eirik Lie said.