Kongsberg Gruppen Gets Orders For F-35 Jet Parts Worth NOK200 Million

Date : 02/14/2012 @ 9:29AM
Source : Dow Jones News
Stock : Lockheed Martin Corp. (LMT)
Quote : 273.09  1.24 (0.46%) @ 4:27PM

Kongsberg Gruppen Gets Orders For F-35 Jet Parts Worth NOK200 Million

Lockheed Martin (NYSE:LMT)
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Norwegian technology company Kongsberg Gruppen ASA (KOG.OS) said Tuesday it has received three orders with a total value of NOK200 million for deliveries of Rudders & Vertical Leading Edges, Centre Fuselage Parts and Air to Air Weapon Pylons for F-35 Joint Strike Fighter.

 
   MAIN FACTS: 

-Two of the orders are based on frame agreements signed in 2008 and 2009 with Lockheed Martin (LMT) and Northrop Grumman (NOC). The orders include deliveries to 30 aircrafts.

-The third order marks the start of deliveries to contracts partner Marvin Engineering Corporation.

-At 1359 GMT shares traded 1.2% lower at NOK119.50.

-By Dominic Chopping; Dow Jones Newswires; +46-8-5451-3093; dominic.chopping@dowjones.com




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