Norway: Kongsberg, DSME Enter Submarine Equipment Deal

Kongsberg Defence & Aerospace AS, represented by the Naval Systems & Surveillance division, has signed a contract with the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) for supply of MSI-90U Mk 2 components for three new submarines. The contract value is USD 55,5 million.

“This new contract is the result of a long term effort to strengthen our position as supplier of integrated systems for submarines. In this context this is yet another very important reference contract for KONGSBERG”, says Executive Vice President Nils-Oddvar Hagen in Kongsberg Defence Systems.

[mappress]

Kongsberg, December 3, 2012