Kitron receives order from Kongsberg
(Thomson Reuters ONE) -
(2015-05-18) Kitron has, through its subsidiary Kitron AS in Arendal, received
an order from Kongsberg Defence & Aerospace AS for military communications
equipment.
The equipment to be supplied is linked to contracts for deliveries to Hungary.
Kitron will supply various communications products, and production will be done
by Kitron in Arendal. The contract has a value for Kitron of NOK 32 million, and
deliveries will take place in 2015 and 2016.
Stig-Are Mogstad, Executive Vice President of Kongsberg Defence Systems, said:
"It is with great satisfaction that we once again award a major order for
advanced tactical communications equipment to Kitron, this time for equipment to
the NATO member Hungary. The communications equipment portfolio is currently
developing rapidly, to a large degree thanks to Kitron's consistent quality,
high level of competence within production, assembly and testing, and not least
delivery precision. The Hungary contract is an excellent example of how the
Norwegian tactical communications cluster is able to compete and win defence
orders in the face of tough international competition."
For further information please contact:
Peter Nilsson, CEO Kitron ASA, tel. +47 948 40 850 or e-mail
peter.nilsson(at)kitron.com
Dag Songedal, Managing Director Kitron AS, tel. +47 91 38 64 68 or e-mail
dag.songedal(at)kitron.com
Kitron is one of Scandinavia's leading electronics manufacturing services
companies for the Defence/Aerospace, Energy/Telecoms, Industry, Medical
equipment and Offshore/Marine sectors. The company is located in Norway, Sweden,
Lithuania, Germany, China and the United States. Kitron had revenues 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 pursuant to section
5-12 of the 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#1922021]
Unternehmensinformation / Kurzprofil:
Datum: 18.05.2015 - 11:00 Uhr
Sprache: Deutsch
News-ID 393868
Anzahl Zeichen: 2614
contact information:
Town:
Oslo
Kategorie:
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"Kitron receives order from Kongsberg"
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