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Monday, May 28, 2007

Kongsberg acquires defence contract

Free Image Hosting at www.ImageShack.usThe Kongsberg Group has been given the contract to deliver the new Naval strike missile (NSM) to the Norwegian Navy. The initial contract is worth NOK 2.5 billion.

NSM is the only fourth generation missile in existence as per today. Already chosen by the Royal Norwegian Navy for its new Frigates and fast Patrol Boats, NSM will be fully operational on these new ships when they enter service in 2007.

According to the Kongsberg Group, the NSM will be the world's most sophisticated stealth strike missile.

The missile has a range in excess of 150 km, and the advanced design allows the missile to fly around and over landmasses.

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