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Contract Worth Euro 124M for NSM Missiles to the Royal Malaysian Navy

04/18/2018

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. 

 

Date: 
04/18/2018
Defense Products & Services Sectors: 
Exhibitions & Conferences: 
Countries: 
France | Germany | Malaysia | Norway | Poland
Sources of Information:  Kongsberg Defence & Aerospace AS

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