Lockheed Martin Awards Contract to Kitron AS
(Thomson Reuters ONE) -
(2015-03-24) Kitron AS, a subsidiary of Kitron, has received a contract from
Lockheed Martin Mission Systems and Training for production of Integrated
Backplane Assembly, for deliveries to the F-35 low rate initial production
program, LRIP 9 and 10. The delivery starts second half of 2015 and ends second
half of 2017. The contract value is USD 6.5 mill.
The Integrated Backplane Assembly (IBA) is an advanced and complex High Level
Assembly.
Norway is one of the international partner countries participating in the F-35
program. Under the Manufacturing License Agreement between Kitron and Lockheed
Martin Mission Systems and Training, Kitron will manufacture, test, maintain and
repair the Integrated Backplane Assembly in the F-35 Joint Strike Fighter.
"We have been a supplier for the F-35 program for 10 years and this contract
confirms that Kitron is an important supplier for Lockheed Martin" says Dag
Songedal, Managing Director of Kitron AS.
For further information, please contact:
Peter Nilsson, CEO of Kitron ASA, tel. +47 94 84 08 50 or e-mail
peter.nilsson(at)kitron.com
Dag Songedal, Managing Director of Kitron AS, tel. +47 91 38 64 68 or e-mail
dag.songedal(at)kitron.com
Kitron is one of Scandinavia's leading electronic manufacturing services
companies for the Data/Telecoms, Defense, Energy, Industry, Medical equipment
and Offshore/Marine sectors. The company is located in Norway, Sweden,
Lithuania, Germany, China and the United States. Kitron had revenue of about NOK
1.75 billion in 2014 and has about 1,200 employees. www.kitron.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kitron ASA via GlobeNewswire
[HUG#1905754]
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 24.03.2015 - 09:07 Uhr
Sprache: Deutsch
News-ID 380573
Anzahl Zeichen: 2410
contact information:
Town:
Oslo
Kategorie:
Business News
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"Lockheed Martin Awards Contract to Kitron AS"
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