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Kongsberg Signs NOK 1.1 billion JSM Cwith the Norwegian Armed Forces

Issue 54

Kongsberg has signed a Phase III contract with the Norwegian Defence Logistics Organization (NDLO) to complete the development of the Joint Strike Missile (JSM) and prepare it for integration on the F-35 Lightning II Joint Strike Fighter (JSF).

This contract is valued at NOK 1.1 billion, and comes on the heels of a bridge phase contract signed on 29 November 2013, bringing the total scope of JSM development Phase III to some NOK 1.5 billion.