Kongsberg Signs NOK 1.1 Bn JSM Contract With the Armed Forces

Jul 3, 2014 ASDNews Source : Kongsberg Gruppen

Kongsberg Gruppen ASA (KONGSBERG) has signed a Phase III contract with the Norwegian Defence Logistics Organization (NDLO) to complete the development of the Joint Strike Missile (JSM) and prepare it for integration on the F-35 Lightning II Joint Strike Fighter (JSF). This contract is valued at NOK 1.1 billion, and comes on the heels of a bridge phase contract signed on 29 November 2013, bringing the total scope of JSM development Phase III to some NOK 1.5 billion.

JSM development work has going on since 2008 and will be a continuous activity up until the completion of a complete product in 2017. Future activities in Phase III will include aircraft tests, production of a number of test missiles and integration on the F-35.

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