Norwegian company signs 1.7 billion kroner agreement with Lockheed Martin

F-35Photo: Lise Åserud / NTB

Kongsberg Defense & Aerospace has signed a new agreement worth NOK 1.7 billion for deliveries to the F-35 Joint Strike Fighter.

In a press release, the company states that the agreement concerns the production of parts for the F-35 Joint Strike Fighter program Lot 15–17.

The agreement with Lockheed Martin Aeronautics includes the delivery of multiple F-35 parts for more than 500 aircraft.

Production will take place at Kongsberg’s production facility until 2025.

Director of Kongsberg Defense & Aerospace, Terje Bråthen, says the contract confirms their long-standing position as a supplier to the F-35 program.

– Production is now in full scale for the F-35 program, and this contract secures work for the next four years. The contract also positions us for further participation in future production batches,” Bråthen noted.

Norway has ordered a total of 52 F-35 fighter jets.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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