Kongsberg - Contract for submarine components valued at $55.5 M

Nov 30, 2012 ASDNews Source : Kongsberg Gruppen

KONGSBERG has signed contract for Supply of MSI-90U Mk 2 submarine components to Daewoo Shipbuilding & Marine Engineering valued at 55.5 MUSD.

Kongsberg Defence & Aerospace AS (KONGSBERG), represented by the Naval Systems & Surveillance division, has signed a contract with the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) for supply of MSI-90U Mk 2 components for three new submarines.

The contract value is 55,5 MUSD.

"This new contract is the result of a long term effort to strengthen our position as supplier of integrated systems for submarines. In this context this is yet another very important reference contract for KONGSBERG”, says Executive Vice President Nils-Oddvar Hagen in Kongsberg Defence Systems.