Thursday, November 14, 2024
HomenewsKongsberg secures $900 million missile cope with US Navy

Kongsberg secures $900 million missile cope with US Navy


Kongsberg Defence & Aerospace (KONGSBERG) has signed a landmark multi-year contract with america Navy for the provision of Naval Strike Missiles (NSM).

The contract, valued at NOK 10 billion (roughly $900 million), will present the US Navy and Fleet Marine Power with these superior weapons over a five-year interval. Ought to all choices be exercised, the cumulative worth of the contract may rise to NOK 12 billion ($1 billion).

“This contract is the most important missile contract in KONGSBERG’s historical past and an vital milestone for us,” stated Geir Håøy, President and CEO of KONGSBERG. “We’re happy america has chosen KONGSBERG as an business associate and stay up for continued cooperation to help US protection capabilities and create worth for vital stakeholders in Norway and the US.”

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The Naval Strike Missile is central to the Navy’s Over-the-Horizon Weapons System (OTH-WS) Program, and shall be put in on each Littoral Fight Ships and CONSTELLATION-class Frigates. Past the Navy, the NSM can be a core a part of the US Marine Corps’ NMESIS (Navy Marine Expeditionary Ship Interdiction System) Program, solidifying its function in enhancing the expeditionary capabilities of US forces.

KONGSBERG has seen rising demand for its strike missiles throughout NATO and allied international locations, resulting in latest expansions in its manufacturing capability. “This contract is an instance of the sturdy demand we see for our strike missiles throughout NATO and allied nations, which is why this 12 months we’ve got opened a brand new missile manufacturing facility in Norway and introduced two services in Australia and the US,” stated Eirik Lie, President of Kongsberg Defence & Aerospace. “The multi-year procurement contract gives stability throughout our whole provide chain and workforce.”

The corporate lately confirmed that it’s going to construct a brand new missile manufacturing facility in James Metropolis County, Virginia, in response to the rising demand for the Naval Strike Missile (NSM) and Joint Strike Missile (JSM). The Virginia facility goals to boost cooperation between KONGSBERG and US protection companions, boosting provide chain resilience for these essential programs.

First deployed by the Norwegian Navy in 2012, the NSM has since turn into the principle anti-ship weapon for Norway’s frigates and coastal corvettes. Its adoption by the US Navy and Marine Corps has been a key a part of its broader success, with different international locations together with Poland, Romania, Canada, Germany, Australia, Malaysia, Spain, the UK, the Netherlands, Belgium, and Latvia additionally choosing the NSM for his or her naval forces.

The NSM is acknowledged for its operational capabilities and survivability in opposition to subtle enemy protection programs, offering a sophisticated answer for anti-ship missions. Designed for prime precision, the missile options superior seeker expertise, enabling it to find and have interaction targets with minimal publicity to enemy detection.

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