Kongsberg Defense & Aerospace has signed a contract with the US Navy for the delivery of naval strike missile (NSM) missiles to the navy and Fleet Marine Force over a five-year period.
This multi-year procurement contract is valued at NOK 10 billion ($895 million). This contract includes options which, if exercised, would bring the cumulative value of this contract to about NOK 12 billion (over $1billion).
The NSM is a key part of the navy’s Over-the-Horizon Weapons System (OTH-WS) Program, according to Kongsberg. It’s being installed on littoral combat ships and Constellation-class frigates.
The defense company will also provide NSM to the US Marine Corps for its Navy-Marine Expeditionary Ship Interdiction System (NMESIS) Program.
KONGSBERG recently announced the building of a new missile factory in James City County, Virgina, in response to increasing demand for JSM and NSM.
“This contract is the largest missile contract in KONGSBERG’s history and an important milestone for us. We are pleased the United States has selected KONGSBERG as an industry partner and look forward to continued cooperation to support US defence capabilities and create value for important stakeholders in Norway and the US,” said Geir Håøy , President and CEO of Kongsberg.
The missile was developed by Kongsberg and first deployed in 2012 by the Norwegian Navy.