Kongsberg Automotive receives MNOK 120 order

Kongsberg Automotive (KA) has won a contract with a major European heavy-duty truck producer. The new business, which includes delivery of cabin stabilizers, has a contract term of three years with production start early 2009.

Kongsberg Automotive (KA) has won a contract with a major European heavy-duty truck producer. The new business, which includes delivery of cabin stabilizers, has a contract term of three years with production start early 2009.
 
The order value is estimated to be NOK 120 millions (Euro 15 mill), and it is expected that the products will have a life-cycle beyond the set contract time.
 
"The cabin stabilizers from KA are engineered to give heavy duty truck drivers a safe and comfortable driving experience. This contract is a direct result of many years of co-operating with the customer on development, and is of great importance as it strengthens KA's position as the leading supplier of cabin stabilizers to driver cabins in the truck market", says Bård Klungseth, President for Actuation Systems at Kongsberg Automotive.

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