Kitron receives order from Kongsberg
(Thomson Reuters ONE) -
(2015-09-24) Kitron has, through its subsidiary Kitron AS in Arendal, Norway,
received an order from Kongsberg Defence & Aerospace AS for military
communications equipment.
Some of the equipment to be supplied will be part of an upgrade of the NASAMS
air defence system for the Norwegian Armed Forces.
Kitron will supply various communications products, and production will take
place at Kitron's factory in Arendal. The contract has a value of NOK 56 million
for Kitron, and deliveries will take place in 2016.
Stig-Are Mogstad, executive vice president of Kongsberg Defence Systems, said:
"At KONGSBERG we are very happy to place yet another major order for the
production of tactical communications equipment with Kitron. Some of the
products to be supplied will be part of a project for the Norwegian Armed Forces
to upgrade the NASAMS air defence system with a new IP-based communications
solution. KONGSBERG's IP-based communications solutions have already established
an international reputation, and this will boost NASAMS technologically and
ensure flexibility and interoperability. KONGSBERG depends on Norwegian
suppliers, and Kitron is a key partner for us. Kitron is a significant
contributor to our world-class products through its expertise in test
development, manufacturing and assembly."
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
Hans Petter Thomassen, Managing Director of Kitron AS, tel. +47 91 39 23 60 or
e-mail hans.petter.thomassen(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 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
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