The Kongsberg Group will obtain a framework settlement price as much as DKK 17 billion.

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Axmed

International Courant

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Kongsberg Naval Providers as, an organization owned by Kongsberg Maritime and Kongsberg Protection & Aerospace (each owned by the Kongsberg Group), has been awarded a strategic framework settlement with Protection Materials for operational assist, upkeep and life extension providers to the Norwegian frigates, it mentioned on Monday with a proof.

The settlement has a complete worth of as much as NOK 17 billion for providers supplied over its lifetime – most likely till 2040.

– In shut cooperation with robust Norwegian suppliers, we will present the armed forces with environment friendly and sustainable upkeep providers to strengthen the operational capability and readiness of the armed forces, whereas offering assist to the allied forces, says CEO Geir Håøy within the message.

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The Kongsberg Group will coordinate and contract actions with the companions by way of built-in and long-term cooperation with the Norwegian Armed Forces, it mentioned.

The corporate has fashioned a constellation consisting of the Westcon Yards and CCB shipyards, in addition to Wilnor Governmental Providers and Wilhelmsen Ship Administration. The Kongsberg Group additionally has a cooperation settlement with Navantia, which offers assist providers from the shipyard that constructed the ships.

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The contract between Forsvarsmateriel and Kongsberg Naval Providers is anticipated to be signed later in December.

When Kongsberggruppen introduced its third quarter leads to October, the order reserve amounted to NOK 69.2 billion, after an order consumption of NOK 11.3 billion for the quarter. (Circumstances)Copyright Dagens Næringsliv AS and/or our suppliers. We wish you to share our circumstances through hyperlinks that lead on to our pages. Copying or different use of all or a part of the contents might solely be made with written permission or as permitted by legislation. For additional circumstances see right here.

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Printed: 01.12.23 — 01:26

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The Kongsberg Group will obtain a framework settlement price as much as DKK 17 billion.

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