Kongsberg Gets Australian Simulator Contract
October 05 2011 - 4:23AM
Dow Jones News
DOW JONES NEWSWIRES
Norwegian defence contractor Kongsberg Gruppen ASA (KOG.OS) said
Wednesday it has received a simulator contract from the Australian
navy, as subcontractor to Raytheon Australia Pty Ltd. (RTN).
MAIN FACTS:
-The contract is based on Kongsberg's PROTEUS Maritime Tactical
Trainer and is part of Australia`s new Hobart class Air Warfare
Destroyers.
-At 0746 GMT, shares in Kongsberg Gruppen were up 1.8% at NOK98
against a 1.2% rise in the wider Oslo market.
-By Gustav Sandstrom; Dow Jones Newswires; +46-8-5451-3099;
gustav.sandstrom@dowjones.com
Kongsberg Gruppen ASA (PK) (USOTC:NSKFF)
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