Lockheed Martin awards contract to Kitron
(Thomson Reuters ONE) -
Kitron AS, a subsidiary of Kitron ASA, has received a $3.9 million (NOK 22.5
million) contract from Lockheed Martin to produce the Integrated Backplane
Assembly (IBA), for deliveries to the F-35 Low Rate Initial Production program,
called LRIP 5. The delivery starts second half of 2011 and ends first half of
2013.
Norway is one of the international partner countries participating in the F-35
program. Under the manufacturing license agreement between Kitron ASA and
Lockheed Martin Mission Systems and Sensors, Kitron will manufacture, test,
maintain and repair the IBA in the F-35 Joint Strike Fighter.
The IBA is an advanced and complex high-level assembly. To verify the IBA
performance according to the customer requirements, Kitron uses advanced
automated test systems, developed at Kitron's Test development department and
manufactured at Kitron's New Product Introduction department. This test system
has become one of the most advanced automated optical test systems in the world,
and verifies the skilled capability at Kitron in test development and NPI
manufacturing.
For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, tel. +47 48 25 25 84 or
e-mail jorgen.bredesen(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 Defence, 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 a revenue of about NOK 1.7
billion in 2010 and has about 1,100 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 Thomson Reuters on behalf of
Thomson Reuters 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 Thomson Reuters ONE
[HUG#1517527]
Unternehmensinformation / Kurzprofil:
Datum: 20.05.2011 - 10:26 Uhr
Sprache: Deutsch
News-ID 54864
Anzahl Zeichen: 2600
contact information:
Town:
Oslo
Kategorie:
Business News
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"Lockheed Martin awards contract to Kitron"
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