Norwegian company wins Malaysian contract for missiles worth over NOK 1 billion

CEO Kongsberg defense systems Eirik LieCEO Kongsberg defense systems Eirik Lie.Photo: Vidar Ruud / NTB scanpix

Kongsberg Defense & Aerospace has signed a contract worth NOK 1.2 billion with the Malaysian navy for delivery of missiles to six new ships.

 

The contract applies to the Naval Strike Missile (NSM) and is valued at 124 million euros,the Kongsberg Group announced on Wednesday morning.

“With this contract, we deliver a central marine target capacity to the Malaysian Navy, and it confirms NSM’s strong position in the international market. NSM is currently selected by Norway, Poland, Germany and Malaysia, said Eirik Lie, CEO of Kongsberg Defense & Aerospace.

 

© NTB Scanpix / #Norway Today

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