Dan’s Biz Bookshelf: ‘The New Age of Innovation’
It’s Only Common Sense: The Customer Isn’t Always Right
The Marketing Minute: Building Connections in the Electronics Industry
Kongsberg Awards Kitron New Order for Naval Strike Missile Electronics
January 22, 2025 | KitronEstimated reading time: Less than a minute
Kitron has received an order with a value of NOK 300 million from Kongsberg Defence & Aerospace (KONGSBERG).
The order covers electronics for the Naval Strike Missile (NSM) and extends a similar contract awarded in June 2024.
Deliveries under the new order are set to commence in 2026, with production taking place at Kitron’s facilities in Arendal, Norway.
“We are very pleased to announce this order, which confirms Kitron’s position as a robust and reliable Kitron and industrial partner for Kongsberg,” says Heine Østby, Managing Director, Kitron Norway. “The long-standing collaboration between our two companies continues to strengthen, and Kitron’s ongoing investment in a new production facility in Arendal is well aligned with this increase in orders. This ensures secure and efficient deliveries for this critically important system.”
“This new order aligns with the long-term growth expectations outlined in last year’s Capital Markets Presentation on December 10, further solidifying Kitron’s position in the defense and missile systems market”, says Peter Nilsson, President and CEO of Kitron.
Share on:
Suggested Items
AI Infrastructure to Dominate MLCC Demand in 2025 amid Persistent Oversupply Challenges
01/16/2025 | TrendForceTrendForce’s latest investigations have revealed the U.S. economy outperformed market expectations in December 2024, with non-farm payrolls and the Manufacturing Purchasing Managers’ Index (PMI) delivering strong results.
Thales Norway Awards Order to Kitron
01/13/2025 | KitronKitron has received an order with a value of NOK 46 million from Thales Norway.
MANA Develops Ferroelectric-ferromagnetic Materials for Next-generation Electronics
01/07/2025 | PRNewswireResearchers at the Research Center for Materials Nanoarchitectonics (MANA) have proposed a method to create ferroelectric-ferromagnetic materials, opening doors to advancing spintronics and memory devices.
VIAVI Delivers Precision Components for NASA's Europa Clipper Mission
01/07/2025 | PRNewswireVIAVI Solutions Inc. announced its contribution to NASA's Europa Clipper mission. Leveraging its decades of leadership in precision thin film optical coatings for mission-critical space applications, VIAVI supplied a precision order sorting filter for the Mapping Imaging Spectrometer for Europa (MISE) on the Europa Clipper spacecraft.
QinetiQ US Awarded $31.5M Task Order to Support U.S. Army PEO IEW&S
01/03/2025 | QinetiQQinetiQ US has been awarded a 5-year, $31.5 million task order supporting the U.S. Army Program Executive Office (PEO) Intelligence, Electronic Warfare and Sensors (IEW&S).