Dan's Biz Bookshelf: 'Move Your Bus'
Driving Innovation: Direct Imaging vs. Conventional Exposure
It’s Only Common Sense: Selling to Today's Generation of Buyers
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
ASC Sunstone Circuits and Screaming Circuits Partner to Launch Online Assembly Parts Ordering – A New Step Toward Seamless PCB Production
06/23/2025 | ASC SunstoneIn a major step toward simplifying the PCB manufacturing and assembly process, ASC Sunstone Circuits and Screaming Circuits are proud to announce the launch of a new online assembly parts ordering feature, now available through Sunstone.com. This enhanced capability allows customers to source assembly components as part of their PCB order, creating a fully integrated experience from bare board fabrication to finished assembly.
Tariff Effects and China Subsidies Soften 1Q25 Downturn; Foundry Revenue Decline Narrows to 5.4%
06/09/2025 | TrendForceTrendForce’s latest investigations find that the global foundry industry recorded 1Q25 revenue of US$36.4 billion—a 5.4% QoQ decline. The downturn was softened by last-minute rush orders from clients ahead of the U.S. reciprocal tariff exemption deadline, as well as continued momentum from China’s 2024 consumer subsidy program.
KEC International Lands New Orders, Including Semiconductor Breakthrough
05/14/2025 | KEC InternationalKEC International Ltd., a global infrastructure EPC major and RPG Group company, has announced securing new orders totaling ₹1,034 crores across its diverse business segments.
OSI Systems Receives $7 Million Order for Medical Technology Components
05/13/2025 | BUSINESS WIREOSI Systems, Inc. announced that its Optoelectronics and Manufacturing division has been awarded an order for approximately $7 million to supply essential components for a leading healthcare innovator specializing in patient diagnostic and care applications.
L3Harris Receives $214 Million in Orders to Support German Armed Forces
05/12/2025 | L3Harris TechnologiesL3Harris Technologies has received multiple orders expected to total $214 million under Germany’s Digitalization – Land Based Operations (D-LBO) program.