Kongsberg Gruppen signs MNOK 360 contract with General Motors and General Dynamics of the USA

Kongsberg Gruppen, through its subsidiary Kongsberg Protech, has signed a contract worth approximately MNOK 360 with General Motors Defense and General Dynamics Land Systems (GMD/GDLS) for the delivery of weapons control systems for the first 298 new Light Armored Vehicle being made for the US Army. "Having won against competition from major international suppliers, we are very pleased about being chosen to subcontract for GMD/GDLS," comments CEO Jan Erik Korssjøen. "The American contract proves that it is still possible for relatively small cutting edge technology enterprises to win international contracts. This contract will boost for Kongsberg Gruppen's export share even further. In 2000, no less than 74 per cent of the Group's output was exported', comments Korssjøen. 'The contract also shows that we have a good technological solution, and other customers have also shown a great deal of interest in it. This could be the start of a big new wave of activity related to such weapons control systems', adds Egil Haugsdal, president of Kongsberg Protech. This contract will boost for Kongsberg Gruppen's export share even further. In 2000, no less than 74 per cent of the Group's output was exported', comments CEO Jan Erik Korssjøen.