Kongsberg Defence & Aerospace AS has entered into contract worth Euro 124M with the Royal Malaysian Navy for delivery of the Naval Strike Missile (NSM) to their six new Littoral Combat [Vessels].
Boustead Naval Shipyard Sdn Bhd is building the ships based on Naval Group’s Gowind Class design. This contract is a follow-on to the agreement announced 9 April 2015 for NSM shipboard equipment.
The NSM will be deck-mounted and integrated to the SETIS combat management system provided by Naval Group.
“This contract provides the Royal Malaysian Navy with an important surface-to-surface-missile capability and confirms NSM’s very strong position in the international market. NSM is currently chosen by Norway, Poland, Germany and Malaysia”, says Eirik Lie, President of Kongsberg Defence & Aerospace AS.
Kongsberg is an international, knowledge-based group delivering high technology systems and solutions to clients within the oil and gas industry, merchant marine, defence and aerospace. has 7 000 employees located in more than 25 countries and total revenues of NOK 14.5 billion in 2017.
This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.