Kongsberg Gruppen Gets $202.4 Million Deal to Supply Parts for F-35 Joint Strike Fighter
March 26 2021 - 4:31AM
Dow Jones News
By Dominic Chopping
Norway's Kongberg Gruppen ASA said Friday that its
defence-and-aerospace unit has signed an agreement worth 1.75
billion Norwegian kroner ($202.4 million) with Lockheed Martin
Aeronautics to supply parts for the F-35 Joint Strike Fighter.
The agreement includes delivery of a range of components for
more than 500 aircraft, and production will continue through 2025,
it said.
"The F-35 production program is now at full rate production and
this contract secures work for the next four years, as well as
positioning us for continued participation in future production
lots," said Terje Brathen, Kongsberg defence-and-aerospace
executive vice president of aerostructures.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
March 26, 2021 04:16 ET (08:16 GMT)
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