Norwegian Kongsberg Signs $1.9B Deal with Qatar

As part of the eight-year deal, Kongsberg will supply weapons technology and digitalization systems to 490 armored vehicles that will be produced by France's Nexter

Kongsberg Group has entered into a major contract with Qatar on long-term technology development programs in the field of defense, maritime industry and digitization, the company announced on Tuesday in a press release.

The contract with Qatar, who seeks new markets and opportunities amid the Gulf crisis, is the largest in Kongsberg Group’s history and the first subcontract has a value of at least NOK 15 billion ($1.93 billion).

Together with Barzan Holdings, Kongsberg has established a new company for technology development programs, named BK Systems. More than 170 small and medium-sized sub-suppliers will be involved in the program over the next eight years.

Kongsberg will deliver tower solutions, and digitalization and communication solutions to 490 armored vehicles delivered by the French company Nexter. These solutions, developed for increased protection of personnel, include the PROTECTOR Remote Weapon Station and Medium Caliber Turret.

 

[Source: The Nordic Page]

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