The Norwegian government has ordered new NASAMS air defence systems from
Kongsberg Defence & Aerospace (KONGSBERG), which will strengthen the country's
defence capabilities to combat aerial threats. The contract has a value of
approximately NOK 1.4 billion, with expected deliveries in 2026-2027.

The contract with the Norwegian Defence Material Agency includes new
multi-missile canister launchers and new Fire Distribution Centers for NASAMS,
replacing equipment previously donated to Ukraine. The delivery will provide
Norway with the latest generation of NASAMS, developed to meet current and
future threats. 

"These are investments that secure the country. The war in Ukraine has shown how
important air defense is, and before Christmas the Norwegian government was able
to present a record order for air defense to the Norwegian Armed Forces. We have
taken extraordinary measures to speed up the acquisition. The contract for the
re-acquisition of donated material is the first step," said Norway's Defence
Minister Bjørn Arild Gram

"A state-of-the-art air defence system is strategically important for Norway's
defence capabilities and is vital for safeguarding our national security
interests. Norway was the first NASAMS user, and we are pleased to extend the
strong collaboration with this and forthcoming deliveries," said Eirik Lie,
President of Kongsberg Defence & Aerospace.

The original Norwegian Advanced Surface-to-Air Missile System, or NASAMS, was
delivered to the Norwegian armed forces in the 1990s. Today there are currently
13 nations in the NASAMS user group. 

NASAMS' modularity and open architecture enable the continuous introduction of
new technology and new capability, which ensures that the system can be adapted
to new threats and missions throughout its lifetime. NASAMS is one of the most
flexible solutions in the market and covers a wide range of air defence needs.

"For us, it is important to support Ukraine with the necessary material, while
at the same time we must ensure a well-armed Norway. This project has been
completed in half the time of a normal project run thanks to good efforts from
all parties, which I see as a positive development," says Gro Jære, Director of
the Norwegian Defence Material Agency.

KONGSBERG has invested in expanding its own production capacity, and at the same
time strengthened ties with the many Norwegian and international suppliers that
contribute to ensuring defence preparedness internationally.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the energy, merchant,
navy and defence and aerospace industries. Kongsberg has more than 12,000
employees in 39 countries and had total revenues of NOK 31.8bn in 2022. Follow
us on: kongsberg.com, Facebook, Twitter and LinkedIn

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