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The document tree is shown below. <rss xmlns:a10="http://www.w3.org/2005/Atom" version="2.0"> <channel> <title>KONGSBERG - News</title> <link>http://www.kongsberg.com/en/rss/kongsberg-News</link> <description>News</description> <language>en</language> <item> <guid isPermaLink="false">{CD66C8D8-770D-4777-A5C9-6ED9BC6B2CC0}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/September/wind-farm-monitoring</link> <title>KONGSBERG to collaborate with Ricardo on wind farm bearing monitoring technology</title> <description/> <pubDate>Thu, 18 Sep 2014 13:03:43 +0200</pubDate> </item> <item> <guid isPermaLink="false">{F79BBF39-C32E-400D-A43D-AB91A38B8726}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/September/NSM-US-Navy-Littoral-Combat-Ship</link> <title>KONGSBERG contracted by US Navy to test NSM from Littoral Combat Ship</title> <description><p>Kongsberg Defence &amp; Aerospace AS (KONGSBERG) is contracted by the US Navy to test fire KONGSBERG`s&nbsp;<a href="http://www.kongsberg.com/en/kds/products/missilesystems/navalstrikemissile/">Naval Strike Missile (NSM)</a> from the <a href="http://www.defensenews.com/article/20140724/DEFREG02/307240028/LCS-Conduct-Test-Norwegian-Missile">Littoral Combat Ship (LCS) under the Foreign Comparative Testing program</a>. The firing was requested by the US Navy to demonstrate the capability to engage a surface target at a range of 100 nautical miles from an LCS class ship. The test is planned to be conducted during September this year from the USS Coronado, an Independence-class LCS.</p> <p><a href="https://twitter.com/kongsbergasa">Follow KONGSBERG on twitter</a></p> <p>&nbsp;</p> <p>This demonstration follows a successful NSM live fire event from the Royal Norwegian Navy&acute;s Fridtjof Nansen-class frigate witnessed by the US Navy during the recently completed <a href="http://www.cpf.navy.mil/rimpac/2014/">Rim of the Pacific 2014</a>.</p> <p>&nbsp;</p> <p>&ldquo;We are very pleased that the US Navy has decided to evaluate the NSM missile. This contract does not however include any commitment for the US Navy beyond the test, but confirms NSM`s unique capabilities and the test will enable the US Navy to study it closer in a realistic scenario&rdquo;, says Harald Ånnestad, President Kongsberg Defence Systems.</p> <p><a href="https://www.facebook.com/KongsbergGruppen">Follow KONGSBERG on Facebook</a></p> <p>For further information, please contact:</p> <p>Harald &Aring;nnestad, President Kongsberg Defence Systems, Mob.: +47 9206 0087.</p> <p>P&aring;l Bratlie, Executive Vice President Missile Systems, Kongsberg Defence Systems, Mob : +47 9305 7243<br /> <iframe height="287" src="//www.youtube.com/embed/wsW7TFCLKjE" frameborder="0" width="510"></iframe></p></description> <pubDate>Mon, 08 Sep 2014 13:40:26 +0200</pubDate> </item> <item> <guid isPermaLink="false">{E4A93662-ED65-484A-ACA2-B7D9C88FE97B}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/September/KM-with-new-ocean-rig-simulator</link> <title>Kongsberg Maritime to provide turnkey offshore simulator delivery for new Ocean Rig training centre</title> <description/> <pubDate>Fri, 05 Sep 2014 08:01:08 +0200</pubDate> </item> <item> <guid isPermaLink="false">{A996EA36-7C53-4B27-9388-CBE972529FAC}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/September/Kongsberg-Norspace-wins-order-for-new-generation-command-receiver</link> <title>Kongsberg Norspace wins order for new generation command receiver</title> <description/> <pubDate>Thu, 04 Sep 2014 11:38:03 +0200</pubDate> </item> <item> <guid isPermaLink="false">{13000AC4-0BDC-4E99-872D-803FB993EE75}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/September/New-compact-portable-acoustic-positioning-system</link> <title>Kongsberg Maritime launches new compact, portable acoustic positioning system</title> <description/> <pubDate>Tue, 02 Sep 2014 10:52:31 +0200</pubDate> </item> <item> <guid isPermaLink="false">{775A4354-FF20-462F-BDBB-09BF320A07F1}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/August/KME-signs-contract-with%20BW-Offshore</link> <title>KONGSBERG to supply integrated control and safety system, E-House and electrical system for BW Offshore Catcher FPSO</title> <description/> <pubDate>Fri, 29 Aug 2014 08:17:44 +0200</pubDate> </item> <item> <guid isPermaLink="false">{E854DD3D-EAFF-455E-B29B-10AB3BE88952}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/August/Kongsberg-Mesotech-launches-the-M3-MARSEC</link> <title>Kongsberg Mesotech launches the M3 MARSEC</title> <description/> <pubDate>Thu, 21 Aug 2014 10:29:09 +0200</pubDate> </item> <item> <guid isPermaLink="false">{66132245-D680-4A83-9C7C-4E2A1EA77ED4}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/August/Record-high%20order%20backlog%20in%20Q2</link> <title>Record-high order backlog in Q2</title> <description><iframe id="iframe_player" height="282" src="https://publisher.qbrick.com/Embed.aspx?mcid=314D9D767CF9E289&amp;width=502&amp;height=282" frameborder="0" width="502" scrolling="no">You need a browser that can handle Iframes to be able to view this page.</iframe>&nbsp; <p dir="ltr">KONGSBERG reports Q2 2014 operating revenues of MNOK 4 263 (MNOK 4 097). EBITDA totalled MNOK 455 (MNOK 513), resulting in an EBITDA margin of 10.7 per cent (12.5 per cent). Overall, KONGSBERG saw a high influx of new orders again in Q2 with MNOK 5 714 (MNOK 3 773), equalling a book/bill of 1.34.</p> <p dir="ltr"><a href="/~/media/KOG/Files/Investor/Quarterly reports/2014/Q2_14__presentation_KOG.ashx">2nd Quarter presentation is available here</a></p> <b> <p dir="ltr">Strong order intake </p> </b> <p dir="ltr">In Q2, Kongsberg Maritime won new orders valued at MNOK 2 594 (MNOK 2 431), and Kongsberg Defence Systems followed up its record influx of new orders in Q1 with new orders in Q2 valued at MNOK 2 019 (MNOK 651). For Kongsberg Protech Systems, new orders in Q2 added up to MNOK 899 (MNOK 438), which was the second highest volume in a single quarter since 2011.<b> </b></p> <p dir="ltr"><strong><a href="http://webtv.hegnar.no/presentation.php?webcastId=19371586%20%C2%A0"><strong>Watch the webcast here</strong></a></strong></p> <b></b> <p dir="ltr">"We are very pleased with the strong order intake in Q2. Our maritime business continues its strong development, and within defence the order backlog increased also during this quarter", says CEO and President, Walter Qvam.</p> <p dir="ltr"><a href="/~/media/KOG/Files/Investor/Quarterly reports/2014/2014-08-13 Q2 2014 kvartalsrapport_eng.ashx">READ FULL REPORT HERE</a></p> <p dir="ltr">"Kongsberg Maritime has established very strong positions in all its markets. This has resulted in the signing of significant contracts in Q2 as well. Amongst the contracts won by Kongsberg Maritime is the delivery of safety and automation systems for Statoil's four platforms on the Johan Sverdrup field, and many new orders from shipyards in Asia. As regards defence, Kongsberg Defence Systems was awarded the development contract for phase III of the Joint Strike Missile, while Kongsberg Protech Systems booked orders for new systems, and also for upgrading and maintaining systems delivered earlier under the CROWS lll programme", adds Qvam.</p> "As regards Kongsberg Oil &amp; Gas Technologies, cancellation and postponement of projects early this year lead us to initiating restructuring initiatives to meet a lower than expected projected volume. This situation has had a negative impact also in the second quarter. We expect the initiatives to bring improvements in the latter half of the year", says Qvam.&nbsp; <p dir="ltr"><i>&nbsp; </i></p> <i> <p><a href="http://www.kongsberg.com/en/kog/investorrelations/reportsandpresentations/">For the&nbsp;2nd Quarter report and other reports, enter here</a>&nbsp;</p> <p><b></b></p> <b> <p>For further information, please contact:</p> </b>Ronny Lie, Vice President, Communications, KONGSBERG,+47 916 10　798, <p><i><a href="mailto:ronny.lie@kongsberg.com"><span style="font-size: 13px; font-family: Arial;">ronny.lie@kongsberg.com</span><span></span></a><span style="font-size: 13px; font-family: Arial;"><br /> Jan Erik Hoff, Vice President, Investor Relations &amp; Reporting, KONGSBERG, +47 991 11　916, </span><span></span><a href="mailto:jan.erik.hoff@kongsberg.com"><span style="font-size: 13px; font-family: Arial;">jan.erik.hoff@kongsberg.com</span><span></span></a> </i></p> <i> <p>&nbsp;</p> <p><span></span></p> <p><span></span></p> <p>&nbsp;</p> </i> <p>&nbsp;</p> <p>&nbsp;</p> </i><span></span></description> <pubDate>Thu, 14 Aug 2014 07:00:00 +0200</pubDate> </item> <item> <guid isPermaLink="false">{916A0B2C-6F7D-4059-AD7C-A44BCCBBC44C}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/August/Follow%20the%20WEBCAST%20of%20the%20Second%20Quarter%20Presentation</link> <title>Follow the WEBCAST of the Second Quarter Presentation</title> <description/> <pubDate>Thu, 14 Aug 2014 06:29:46 +0200</pubDate> </item> <item> <guid isPermaLink="false">{65795F98-BD30-407A-9367-0CF4C7F38CC8}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/August/KONGSBERG-chosen-by-Statoil-for-Johan-Castberg-project</link> <title>KONGSBERG chosen by Statoil for Johan Castberg project</title> <description><p style="text-align: left;" dir="ltr"><img width="510" height="226" alt="" src="/~/media/KOGT/Images/Johan Castberg-Statoil/0087475 - West Hercules in the Barents Sea - Photo Ole Jrgen Bratland - Statoil_edited-1.ashx?h=226&amp;w=510" /></p> <p style="text-align: left;" dir="ltr">The project comprises the development of the oil fields Skrugard, Havis and Drivis in Production Licence 532, approximately 230 km North West of North Cape. The water depth at the fields is 360 &ndash; 405 m. </p> <p style="text-align: left;" dir="ltr">The contract is a continuation of the concept design work completed in June 2014. It includes integrated engineering services necessary for the conceptual design and pre-FEED design of the infield flowline systems and riser system, and shall be completed within June 2015. </p> <p style="text-align: left;" dir="ltr">In the extended concept phase KONGSBERG will perform design optimisations, value engineering on alternative technical solutions and in general mature the design further taking in approved solutions from design optimisations and value engineering. In addition to completing all the deliveries from the pre-FEED phase, KONGSBERG will have the role as leading interface contractor for the project interfaces. </p> <p style="text-align: left;" dir="ltr">"This is an important break-through for KONGSBERG in providing integrated pre-FEED engineering services on both flowlines and risers for a major development projects", says P&aring;l Helsing, President of Kongsberg Oil &amp; Gas Technologies.</p> <p>"We are pleased to see that all the work performed by KONGSBERG in the feasibility and conceptual phases of the project have been completed to Statoil&rsquo;s satisfaction. In addition to our well known specialised expertise on riser and pipeline projects, KONGSBERG&rsquo;s now has the capabilities as an independent supplier of integrated engineering services in all phases of a development project" concludes Helsing.</p></description> <pubDate>Wed, 13 Aug 2014 10:00:00 +0200</pubDate> </item> <item> <guid isPermaLink="false">{9D9DEBC1-772D-44A6-A83C-551FBAA15819}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/KONGSBERG%20offshore%20technology%20chosen%20for%20new%20projects%20in%20China%20and%20Korea</link> <title>KONGSBERG offshore technology chosen for new projects in China and Korea</title> <description/> <pubDate>Sat, 19 Jul 2014 09:09:19 +0200</pubDate> </item> <item> <guid isPermaLink="false">{028A1BC2-7DF0-497F-B070-81C29DEBA160}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/KONGSBERG%20signs%20NOK%20280%20million%20JSM%20contract%20with%20the%20Norwegian%20Armed%20Forces</link> <title>KONGSBERG signs NOK 280 million JSM contract with the Norwegian Armed Forces</title> <description><p>JSM development work has been going on since 2008 and will be a continuous activity up until the completion of a complete product in 2017. </p> <p>This contract comprises production of test missiles, to be used in the integration activities including test equipment. The contract also includes missile testing and qualification to be performed on the F-16 in the 2015 to 2017 period until the F-35 Block IV becomes available.</p> <p>&nbsp;</p> <p>For further information, please contact:</p> <p>Harald &Aring;nnestad, President, Kongsberg Defence Systems, Mob.: +47 920 60 087</p> <p>P&aring;l Bratlie, Executive Vice President, Kongsberg Defence Systems, Mob.: +47 930 57 243</p></description> <pubDate>Sat, 19 Jul 2014 09:00:54 +0200</pubDate> </item> <item> <guid isPermaLink="false">{AFA26CAD-D91B-43FC-91BB-D06F7134E80A}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/KONGSBERG%20and%20AgustaWestland%20Sign%20Agreement%20for%20Increased%20Co-operation</link> <title>KONGSBERG and AgustaWestland Sign Agreement for Increased Co-operation</title> <description><p style="text-align: justify;" dir="ltr">The protocol is an overarching agreement outlining the intentions of making KONGSBERG a Centre of Excellence for MRO of dynamic components in Northern Europe. Key elements of the agreement are related to the transfer of technology that includes the establishment of advanced test equipment that will enable the full functional testing of gear boxes at KONGSBERG in Norway.</p> <p style="text-align: justify;" dir="ltr">Finmeccanica - AgustaWestland and KONGSBERG have maintained a solid business relationship for more than 25 years. The extended co-operation confirmed by the signing of today&rsquo;s Protocol represents for KONGSBERG potential revenues of &euro;20-25 million per year for the next 25 years.</p> <p style="text-align: justify;" dir="ltr">This agreement with KONGSBERG will enable Finmeccanica - AgustaWestland to satisfy its Industrial Participation requirements in Norway and the other Nordic countries for NH90, and will be a major part of its support solution for the AW101 Norwegian All-Weather SAR Helicopter (NAWSARH) contract. In December last year, Finmeccanica - AgustaWestland signed an Agreement with the Norwegian Ministry of Justice and Public Security for the supply of 16 (plus options for 6 more) AW101 search and rescue helicopters. </p> <p style="text-align: justify;" dir="ltr">&ldquo;We are excited that we can grow our helicopter MRO business together with AgustaWestland as a valued partner and we will establish gear box testing capabilities in KONGSBERG&rdquo;, said Harald &Aring;nnestad, Kongsberg Defence Systems President.</p> <p style="text-align: justify;" dir="ltr">Picture, from left: Harald &Aring;nnestad, CEO of Kongsberg Defence Systems and Daniele Romiti, CEO of AgustaWestland.</p> <p style="text-align: justify;" dir="ltr">For further information, please contact:<br /> KONGSBERG:<br /> Mr Terje Br&aring;then, Executive Vice President, Kongsberg Defence Systems<br /> Mob <a href="tel:(+47)%2090557641">(+47) 90557641</a></p> <p>AgustaWestland:<br /> Geoff Russell, Head of Media Relations<br /> T: <a href="tel:+44%20(0)%201935%20701117">+44 (0) 1935 701117</a> <br /> E: <a href="mailto:geoff.russell@agustawestland.com">geoff.russell@agustawestland.com</a><br /> <a href="http://www.agustawestland.com/">www.agustawestland.com</a> <br /> <a href="http://www.twitter.com/agustawestland">www.twitter.com/agustawestland</a> </p></description> <pubDate>Thu, 17 Jul 2014 08:28:25 +0200</pubDate> </item> <item> <guid isPermaLink="false">{947A56AB-A148-4681-AFC9-13FBDF0C1848}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/Raytheon%20and%20Kongsberg%20team%20to%20provide</link> <title>Raytheon and Kongsberg team to provide air-launched Offensive Anti-Surface Warfare solutions</title> <description><p style="line-height: 150%; margin: 0cm 0cm 12pt;"><img width="510" height="200" alt="" src="/~/media/KDS/Images/Products/Missiles/farnborough1-jsm.ashx?h=200&amp;w=510" /></p> <p style="line-height: 150%; margin: 0cm 0cm 12pt;">The Joint Strike Missile is already funded for development for the Royal Norwegian Air Force at a time when the United States Navy is considering cost-effective solutions for next-generation OASuW weapons systems. </p> <p style="line-height: 150%; margin: 0cm 0cm 12pt; text-autospace: ;">&ldquo;The U.S. and its allies gain new and innovative options in the OASuW arena through this agreement,&rdquo; said Dr. Taylor W. Lawrence, Raytheon Missile Systems president. &ldquo;Raytheon&rsquo;s global development capability allows us to identify and offer the advanced and affordable solutions our customers require for the complex missions of the future.&rdquo;</p> <p style="line-height: 150%; margin: 0cm 0cm 12pt; text-autospace: ;">Raytheon and Kongsberg have already collaborated successfully in the global market for ground-based air defense systems and in other fields. </p> <p style="line-height: 150%; margin: 0cm 0cm 12pt; text-autospace: ;">&nbsp;</p> <p style="line-height: 150%;">&ldquo;Our companies have worked together for decades on several projects and are ideally positioned to bring the Joint Strike Missile to customers worldwide,&rdquo; said Harald &Aring;nnestad, Kongsberg Defence Systems president. &ldquo;OASuW is a market where we can effectively team to deliver products that address the key requirements of the warfighter.&rdquo; </p> <p>&nbsp; </p> <p style="text-align: left;" class="Releasebodysubheadboldgrey"><strong>About KONGSBERG</strong></p> <p style="line-height: 150%; margin: 0cm 0cm 6pt; background: white;">Kongsberg Defence Systems is Norway's premier supplier of defense and aerospace-related systems. The portfolio comprises products and systems for command and control, weapons guidance and surveillance, communications solutions and missiles.&nbsp;Kongsberg Defence Systems also makes advanced composites and engineering products for the aircraft and helicopter market.</p> <p style="line-height: 150%; margin: 0cm 0cm 6pt; background: white;">Follow us on Twitter: <a href="https://twitter.com/kongsbergasa">@kongsbergasa</a></p> <p><b></b></p> <p style="line-height: 150%;"><b>About Raytheon</b></p> <p>Raytheon Company, with 2012 sales of $24 billion and 68,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 91 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. </p> <p>For more about Raytheon, visit us at <a href="http://www.raytheon.com">www.raytheon.com</a> </p> <p>Follow us on Twitter <a href="https://twitter.com/raytheon">@Raytheon</a>.</p> <p><img width="510" height="390" alt="" src="/~/media/KDS/Images/Products/Missiles/raytheon-jsm.ashx?h=390&amp;w=510" /></p></description> <pubDate>Tue, 15 Jul 2014 16:15:36 +0200</pubDate> </item> <item> <guid isPermaLink="false">{BEA40FDB-10C3-4864-9F9C-07B21438D8A8}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/Heerema-chooses-Kongsberg-Maritime</link> <title>Heerema chooses Kongsberg Maritime to supply the world&#39;s most advanced offshore heavy lift crane simulator</title> <description/> <pubDate>Thu, 10 Jul 2014 09:58:54 +0200</pubDate> </item> <item> <guid isPermaLink="false">{F29BE152-B484-4FE7-83B6-A52E360BC0A2}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/Provides-siulator-to-UiT</link> <title>Kongsberg Maritime provides major simulator upgrade for The Artic University of Norway</title> <description/> <pubDate>Mon, 07 Jul 2014 14:49:42 +0200</pubDate> </item> <item> <guid isPermaLink="false">{225C86AA-AE67-402B-9B47-821E5A3BA6C3}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/41MUSD%20-satellite-contract</link> <title>Satellite contract to KSAT</title> <description><p><a href="http://ksat.no/"><img width="510" height="238" alt="" src="/~/media/KDS/Images/Products/KSAT/Svalbard.ashx?h=238&amp;w=510" /></a></p> <p><a href="http://ksat.no/">KSAT&nbsp;</a>will be using the company&rsquo;s ground stations in Svalbard Norway to provide services to <a href="http://www.raytheon.com/">Raytheon Company</a>, the prime contractor supporting ground stations to the&nbsp;<a href="http://www.raytheon.com/capabilities/products/jpss/">Joint Polar Satellite System</a> (JPSS).&nbsp;</p> <p><a href="http://www.jpss.noaa.gov/program.html">JPSS is the latest generation of U.S. polar-orbiting satellites</a>&nbsp;designed to monitor global environmental conditions and collect and disseminate data related to weather, atmosphere, oceans, land and near-space environment.&nbsp;</p> <p>The Ground Station will be operated from Troms&oslash; Network Operation Center (TNOC). The contract is from 01 October 2016 through 30 September 2022. The extension contract value is apprx. 41MUSD.&nbsp;&nbsp;</p> <p><a href="http://ksat.no/node/16">Read more about KSAT here</a></p></description> <pubDate>Wed, 02 Jul 2014 12:39:33 +0200</pubDate> </item> <item> <guid isPermaLink="false">{52A62C96-80E6-44C4-941F-30CE49577483}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/July/JSM-contract-with-the-Armed-Forces</link> <title>KONGSBERG signs NOK 1.1 billion JSM contract with the Norwegian Armed Forces</title> <description><p><img alt="" style="height: 287px; width: 510px;" src="/~/media/KDS/Images/Products/Missiles/F35_JSM.ashx" /></p> <p>This contract is valued at NOK 1.1 billion, and comes on the heels of a bridge phase contract signed on 29 November 2013, bringing the total scope of JSM development Phase III to some NOK 1.5 billion. <br /> <br /> JSM development work has going on since 2008 and will be a continuous activity up until the completion of a&nbsp;complete product in 2017. Future activities in Phase III will include an aircraft test, the production of a number of test missiles and the integration on the F-35. <br /> <br /> JSM is a new missile that will enable the F-35 to fight well-defended targets across long distances. No other weapon existing today, or under development, can perform the same types of missions. The missile can also be integrated into other types of aircraft in addition to the F-35, meaning its market potential extends beyond the future users of the F-35. <br /> <br /> "This contract is an important milestone not only for the JSM as a product and for KONGSBERG, but also for Norway's technology industry which, through this development project, will establish a unique, globally leading industrial knowledge base ", remarks Walter Qvam, CEO of KONGSBERG. </p> <p>"In future full-scale production, the JSM programme could translate into more than 450 jobs at KONGSBERG, in addition to generating a significant number of assignments for about 100 Norwegian subcontractors for several decades. The JSM has a substantial international market potential of NOK 25 billion over the next 20-30 years", adds Harald &Aring;nnestad, President of Kongsberg Defence Systems. <br /> <br /> For further information, please contact: <br /> Harald &Aring;nnestad, President, Kongsberg Defence Systems, Mob.: +47 920 60 087 <br /> P&aring;l Bratlie, Executive Vice President, Kongsberg Defence Systems, Mob.: +47 930 57 243 </p></description> <pubDate>Wed, 02 Jul 2014 10:00:17 +0200</pubDate> </item> <item> <guid isPermaLink="false">{0A596982-03E9-4147-AA7B-DA96FE4BEBA0}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/June/Record-number-of-summer-students</link> <title>Record number of summer students at KONGSBERG</title> <description><p><img width="510" height="294" alt="" src="/~/media/KOG/News/2014/June/Local Hawkforweb1.ashx?h=294&amp;w=510" /></p> <p>"We have seen growing interest in working over the summer doing study-related tasks. This year we have increased the number to 150 summer students, which is a record for KONGSBERG", says President and CEO of KONGSBERG, Walter Qvam. </p> <h1>"A contribution to the national boost for technology" </h1> <p>Having summer students is an important means of recruiting new employees to KONGSBERG. Moreover, students bring fresh knowledge to bear on actual technological challenges, which is also important for the company. Students work on actual tasks that are part of a development project, or related to specific products or services. The summer jobs are also an important part of our contribution to the national technology effort, and aims to reduce the dropout rate duringthe first years of engineering studies. </p> <p><a href="http://www.kongsberg.com/en/kog/careers/students/">Read more about our summer students here</a></p> <p>"This is an important part of our corporate social responsibility and is also important for recruitment and product development. We want to help more future engineers to experience how to turn theory into practice. It may also motivate them to work hard and complete their education. We are committed to increasing the talent pool; this is important for us and for Norway's technological development", says Qvam, pointing out the distribution of students with summer jobs at the company. </p> <p>"We recruit first-year students as well as students who are at the end of a five-year course of study. It is important to have a good balance of Bachelor's and Master's candidates, both among the summer students and our staff. </p> <h1>From the ocean floor to outer space </h1> <p>Students can apply for summer jobs in all fields of the company, with technologies ranging from the ocean floor to outer space. In addition,&nbsp;<a href="http://www.kongsberg.com/en/kds/">Kongsberg Defence Systems</a> offers the <a href="http://www.kongsberg.com/en/kog/careers/students/localhawk/">Local Hawk summer programme</a>, while&nbsp;<a href="http://www.km.kongsberg.com/">Kongsberg Maritime</a> offers <a href="http://www.kongsberg.com/en/kog/careers/students/zeppaloon/">the Zeppaloon summer programme</a>. As many as 364 students applied for the 23 vacancies in the Local Hawk programme, while 171 applied for 6 vacancies in the Zeppaloon programme. </p> <p>"Local Hawk and Zeppaloon are two very popular summer programmes and are good examples of the kind of technology you can work with at KONGSBERG. Students have the opportunity to work on a project from start to finish, with actual technological challenges and guidance from experienced engineers, and they get to work in modern facilities", says Qvam. </p> <p>For further information, please contact: </p> <p><a href="http://www.kongsberg.com/en/kog/contactus/media/">Johannes Dobson </a><br /> Corporate Communications Manager at KONGSBERG, (+47) 906 77 262, <br /> <a href="mailto:johannes.dobson@kongsberg.com">johannes.dobson@kongsberg.com</a>&nbsp;</p> <p><img width="509" height="373" alt="" src="/~/media/KOG/News/2014/June/Zeppaloontilweb1.ashx?h=373&amp;w=509" /><br /> &nbsp;</p></description> <pubDate>Tue, 01 Jul 2014 08:11:13 +0200</pubDate> </item> <item> <guid isPermaLink="false">{A455A0DB-CFC0-47BD-9895-251E5BB51A92}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/June/Inngar-samarbeid-med-Isklar-Norseman</link> <title>Inngar-samarbeid-med-Isklar-Norseman</title> <description/> <pubDate>Fri, 27 Jun 2014 13:56:48 +0200</pubDate> </item> <item> <guid isPermaLink="false">{22E6FDA1-0508-48ED-891C-A35DB70051D4}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/June/KONGSBERG-provides-VTM-to-Algerie</link> <title>KONGSBERG provides core technologies for Algerian national Vessel Traffic Management and Information System</title> <description><p><img width="510" height="270" alt="" src="/~/media/KOG/News/2014/June/Algiers2.ashx" /></p> <p>Kongsberg Norcontrol IT has been selected to provide the core maritime surveillance, voice communications, port management and port community technologies for the VTIMS. </p> <p>The Kongsberg Norcontrol IT technologies will provide surveillance across the entire Algerian coastline with a Command and Control structure consisting of: </p> <p>- Control centres at 11 local ports <br /> - Regional control centres. <br /> - National control centre. </p> <p>READ ALSO: <a href="http://www.kongsberg.com/en/kds/kncit/news/2014/june/vessel%20traffic%20services%20go%20mobile%20with%20c-scope%20mobile%20vts%20from%20kongsberg%20norcontrol%20it/">Vessel Traffic Services Go Mobile with C-Scope Mobile VTS from Kongsberg Norcontrol IT</a></p> <p>A consortium comprised of Ericsson, Indjaz, Korea Trading and Industries Co. Ltd and Kongsberg Norcontrol IT will deliver the complete VTIMS. The Algerian VTMIS aims to improve the safety and security of maritime traffic to, from and within Algerian ports by tracking vessels and facilitating movements, as well as by providing early warnings of potential collisions and groundings. The system also increases efficiency and cooperation between government agencies and maritime companies as well as improved capabilities for search and rescue services. </p> <p>The VTMIS will enable economic growth and further integration for Algeria as it facilitates maritime transport of goods and passengers from and to Algerian ports and makes Algerian ports compliant with international maritime traffic and security regulations (IALA, IMO, ISPS). </p> <p>READ ALSO: <a href="http://www.kongsberg.com/en/kds/kncit/news/2014/june/kongsberg%20norcontrol%20it%20iala%202014%20conference%20paper%20focuses%20on%20reducing%20vts%20operator%20stress/">Kongsberg Norcontrol IT IALA 2014 Conference Paper Focuses on Reducing VTS Operator Stress</a><br /> <br /> For further information, please contact: <br /> Svein H. Olavesen, VP Global Sales, sho@kongsberg.com, (+47) 954 37 223. <br /> <br /> <br /> </p></description> <pubDate>Wed, 18 Jun 2014 09:46:07 +0200</pubDate> </item> <item> <guid isPermaLink="false">{378BBB0E-056D-44BD-A274-2138DB0F5F3B}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/May/KONGSBERG-selected-for-the-full-picture-at-Johan-Sverdrup</link> <title>KONGSBERG selected to supply safety, automation and lifecycle simulation technology for Johan Sverdrup field development</title> <description/> <pubDate>Wed, 28 May 2014 14:29:34 +0200</pubDate> </item> <item> <guid isPermaLink="false">{23253207-F68E-4573-9613-8323B76F0C3C}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/May/further_development-of-the-Joint-Strike-Missile</link> <title>The Norwegian Government today presented a bill to the Parliament to further development of the Joint Strike Missile (JSM)</title> <description>Pending Parliament approval, for KONGSBERG this entails a continuous development and finalization of a complete product in 2017. <br /> <br /> &ldquo;We are very pleased that the Government has presented its bill as indicated in the Revised National Budget on May, 14th 2014. A parliament approval means completion of the JSM and preparing the product for the market, says Harald &Aring;nnestad, President of Kongsberg Defence Systems. <br /> <br /> In future full-scale production the JSM-programme has potential of creating more than 450 jobs in KONGSBERG, and also provides significant assignments to over 100 Norwegian subcontractors for decades. JSM has a significant international market potential over the next 20-30 years, with great industrial spin-offs. <br /> <br /> For further information, please contact: <br /> Harald &Aring;nnestad, President Kongsberg Defence Systems, (+47) 920 60 087. <br /> P&aring;l Bratlie, Executive Vice President Kongsberg Defence Systems, (+47) 930 57 243 <br /></description> <pubDate>Fri, 23 May 2014 18:00:41 +0200</pubDate> </item> <item> <guid isPermaLink="false">{8E0C5FE1-695D-493B-A036-FF038CA7A741}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/May/KONGSBERG-receives-further-CROWS-orders</link> <title>KONGSBERG receives CROWS orders</title> <description><p>This order with the U.S. Army is for delivery of Remote Weapon Systems, and is related to the CROWS contract signed in August 2012. </p> <p>- We are very pleased to receive further orders from the U.S. Army, a customer we have worked with and supplied for several years. Overall, KONGSBERG has now delivered over 17 000 remote weapon systems to the U.S. Army and other customers, and this order confirms our strong position within remote weapon systems, says Espen Henriksen, President of Kongsberg Protech Systems. <br /> <br /> For further information, please contact: <br /> Espen Henriksen, President, Kongsberg Protech Systems, (+47) 32 28 84 25. </p></description> <pubDate>Fri, 23 May 2014 12:22:31 +0200</pubDate> </item> <item> <guid isPermaLink="false">{BF67182F-57A3-464F-9DB9-5A322A5D3963}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/May/KONGSBERG-receives-CROWS-orders</link> <title>KONGSBERG receives CROWS orders</title> <description>This order with the U.S. Army is for repair and reset of already delivered equipment, and is a modification to the CROWS contract signed in August 2012. The order has a value of 220 MNOK.<br /> <br /> - This is a confirmation of the strong position KONGSBERG has within the market for remote weapon stations. These orders ensure increased activity at our production and servicing facility in Johnstown, US, Espen Henriksen, President of Kongsberg Protech Systems, says.<br /> <br /> For further information, please contact:<br /> Espen Henriksen, President, Kongsberg Protech Systems, 32 28 84 25.<br /></description> <pubDate>Wed, 21 May 2014 13:03:08 +0200</pubDate> </item> <item> <guid isPermaLink="false">{193334DF-0021-4389-99AB-30843033C752}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/May/KONGSBERG-win-integrated-animation-and-navigation</link> <title>KONGSBERG-win-integrated-animation-and-navigation</title> <description/> <pubDate>Wed, 21 May 2014 12:56:18 +0200</pubDate> </item> <item> <guid isPermaLink="false">{4CA5FF38-D7B4-458B-9A43-7796D3684559}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/May/Bekrefter-JSM-kontrakt</link> <title>Regjeringen bekrefter i dag at de vil g&#229; videre i utviklingen av Joint Strike Missile (JSM)</title> <description><p>Dette gjelder videreutvikling av KONGSBERG`s JSM om &aring; iverksette Trinn III i utviklingen av JSM for F-35 Lightning II Joint Strike Fighter (JSF). </p> <p>Kongsberg Gruppen ASA (KONGSBERG) har tidligere inng&aring;tt kontrakter med Forsvarets Logistikk-organisasjon (FLO) p&aring; Trinn I og Trinn II, samt senest en bro-fase kontrakt til Trinn III den 29. november 2013. JSM er et nytt missil og fyller et udekket operativt behov p&aring; F-35. Missilet kan ogs&aring; integreres p&aring; andre plattformer og det er allerede gjennomf&oslash;rt s&aring;kalt &ldquo;fit-check&rdquo; p&aring; F-18. KONGSBERG ser et stort potensial for leveranser av JSM til jagerfly verden over. </p> <p>- Det er sv&aelig;rt gledelig at regjeringen signaliserer at utviklingen av Joint Strike Missile (JSM) skal fortsette, og vi ser fram til den varslede proposisjonen fra Forsvarsdepartementet, sier Walter Qvam, Konsernsjef i Kongsberg Gruppen. </p> <p>I fremtidig fullskala produksjon vil JSM-programmet kunne sysselsette over 450 arbeidsplasser i KONGSBERG og dessuten gi betydelige oppdrag til over 100 norske underleverand&oslash;rer i flere ti&aring;r.</p> <p><em>I 2014 fyller KONGSBERG 200 &aring;r. For &aring; lese mer om Kongsberg Gruppens historie, vennligst bes&oslash;k v&aring;r </em><a href="http://200.kongsberg.com/"><em>jubileumsnettside</em></a><em>.</em></p></description> <pubDate>Mon, 19 May 2014 09:55:42 +0200</pubDate> </item> <item> <guid isPermaLink="false">{CAC5EF50-35F1-4D0B-96FC-0CC93E82958F}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/April/Follow%20the%20WebCast</link> <title>Follow the WebCast</title> <description/> <pubDate>Tue, 13 May 2014 07:21:28 +0200</pubDate> </item> <item> <guid isPermaLink="false">{4389C91C-B0A0-4F56-ADD6-77ECF4E86379}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/April/Record-high-new-orders-in-Q1-2014</link> <title>Record-high new orders in Q1 2014</title> <description><iframe id="iframe_player" src="https://publisher.qbrick.com/Embed.aspx?mcid=7E98BBFB7CF9E289" width="560" height="317" frameborder="0" scrolling="no">You need a browser that can handle Iframes to be able to view this page.</iframe>&nbsp; <div>New orders were strong in both the maritime and defence segments, totalling MNOK 8 565 (MNOK 3 885) in Q1 and bringing the Group's backlog of orders to the highest level since 2009.&nbsp; <div><br /> <span style="font-size: 10pt;"><a href="/~/media/KOG/Files/Investor/Quarterly reports/2014/Q114 kvartalsrapport_ENG_web.ashx">Read the first Quarter Report here</a><br /> <br /> Kongsberg Maritime (KM) had a very strong quarter, with sales growth of 17.8 per cent year-on-year (Y/Y), and a very good influx of new orders. Both KM and Kongsberg Defence Systems (KDS) have higher EBITDAs Y/Y, while Kongsberg Protech Systems (KPS) and Kongsberg Oil &amp; Gas Technologies (KOGT) have experienced declines. New orders during the quarter were the highest in KONGSBERG's history, owing largely to generally strong new orders in all KM's market segments, as well as to KDS' air defence contract with Oman.&nbsp;</span></div> <p><br /> </p> <p><a href="http://webtv.hegnar.no/presentation.php?webcastId=19246894">Follow the WebCast here</a></p> <div><br /> <p>"We have been through an eventful quarter featuring both positive and challenging events. The Group has never had a stronger influx of new orders during a single quarter and we are very pleased to see that our backlog has grown to nearly NOK 20 billion. Kongsberg Maritime reported yet another very strong quarter and Kongsberg Defence Systems also had a good underlying trend. Kongsberg Protech Systems continues to deliver well in a demanding market in 2014, while Kongsberg Oil and Gas faces challenges related to volume and costs", comments CEO Walter Qvam.<br /> <br /> Record-quarter for Kongsberg Maritime <br /> <br /> KM's operating revenues climbed by 17.8 per cent compared with Q1 2013, while KPS and KDS saw declines in operating revenues. KDS' operating revenues and operating profit were adversely influenced by the development of the JSM Phase III being self-financed for large parts of the quarter. <br /> <br /> EBITDA was mainly driven by KM's reporting of MNOK 341 in Q1 (MNOK 284). Q1 earnings before tax came to MNOK 329 (MNOK 376), and the profit after tax was MNOK 243 (MNOK 271), leading to earnings per share of NOK 2.02 (NOK 2.28/share). New orders in Q1 2014 totalled MNOK 8 565 (MNOK 3 885), translating into a book/bill of 2.17. <br /> <br /> <a href="http://www.kongsberg.com/en/kog/investorrelations/reportsandpresentations/">Read the Quarterly Report here</a><br /> <br /> "In Q1, Kongsberg Maritime booked new orders valued at MNOK 3 428, compared with MNOK 2 664 in 2013. The business area's order backlog now totals MNOK 7 615. Kongsberg Maritime has never had a higher backlog, ensuring good predictability going forward", concludes Qvam.<br /> <br /> KONGSBERG is celebrating its 200th anniversary in 2014. For more details about KONGSBERG's history, <a href="http://200.kongsberg.com">please see our anniversary website.</a><br /> <br /> For further information, please contact:<br /> <br /> Ronny Lie, Communications Director, KONGSBERG ronny.lie@kongsberg.com<br /> Jan Erik Hoff, Vice President, Investor Relations &amp; Reporting, KONGSBERG, +47 991 11 916, jan.erik.hoff@kongsberg.com </p> </div> </div></description> <pubDate>Tue, 13 May 2014 07:01:47 +0200</pubDate> </item> <item> <guid isPermaLink="false">{CCC1D1F1-E28A-4E5D-8557-0E268FC2E00D}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/April/KONGSBERG-signs-contract-for-deliveries-to-F-35-Joint-Strike-Fighter</link> <title>KONGSBERG signs contract for deliveries to F-35 Joint Strike Fighter worth 160 MNOK </title> <description><p><img width="510" height="271" alt="" src="/~/media/KOG/News/2014/April/signeringarsenaletf35-3.ashx?h=271&amp;w=510" /></p> <p>The contract is a continuation of deliveries from the five previous production lots (LRIP 3-7) and supports the continued business relationship between KONGSBERG and Lockheed Martin. </p> <p>&ldquo;We are pleased that we reached an agreement for additional vertical tail leading edges and rudder components for the F-35 Lightning II and it is a testament to the continuing long-term international cooperation between Lockheed Martin and KONGSBERG,&rdquo; said Susan Ouzts, Lockheed Martin vice president, F-35 International Programs. &ldquo;KONGSBERG continues to demonstrate the high levels of technical and manufacturing sophistication that are required to compete for work on the F-35, and we expect more F-35 industrial participation for Norway as we continue to move through the Low Rate Initial Production (LRIP) phases.&rdquo;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p> <p>&ldquo;This contract demonstrates KONGSBERG&rsquo;s continued competitiveness of high end manufacturing and represents a new significant milestone for our aerostructures business. We are pleased to be a supplier of quality products to the F-35 program, supporting the continuation of our long term cooperation with Lockheed Martin&rdquo;, said Terje Br&aring;then, Executive Vice President Aerostructures, Kongsberg Defence Systems.</p> <p>&nbsp;</p> <p>The contract includes deliveries to about 40 aircraft.</p> <p>&nbsp;</p> <p>For further information, please contact:</p> <p>&nbsp;</p> <p>KONGSBERG:</p> <p>Mr Terje Br&aring;then, Executive Vice President Aerostructures, Kongsberg Defence Systems, <br /> Mob (+47) 90557641</p> <p>&nbsp;</p> <p>Lockheed Martin:</p> <p>Ms. Laurie Tortorello, F-35 Communications Manager, Lockheed Martin, Mob +1-817-899-8153,<br /> or <a href="mailto:Laurie.A.Tortorello@lmco.com">Laurie.A.Tortorello@lmco.com</a></p> <p><img width="510" height="306" alt="" src="/~/media/KOG/News/2014/April/signeringarsenaletf35-2.ashx?h=306&amp;w=510" /></p></description> <pubDate>Wed, 23 Apr 2014 10:42:30 +0200</pubDate> </item> <item> <guid isPermaLink="false">{DE9573D9-E18B-4959-B708-89DA81173852}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/April/KONGSBERG-to-deliver-C4I-CORTEX-for-the-Combatant-Craft-Medium</link> <title>KONGSBERG to deliver C4I CORTEX for the Combatant Craft Medium Mark One (CCM Mk 1) program</title> <description><p style="text-align: left;" dir="ltr"><img width="510" height="291" alt="" src="/~/media/KPS/Images/cortexKITS.ashx?h=291&amp;w=510" /></p> <p style="text-align: left;" dir="ltr">KONGSBERG will provide their&nbsp;<a href="/~/media/KPS/KITS/Dataark CORTEX C4I 2013 8 juli.ashx">C4I CORTEX</a> system to fulfill the requirements of the program&rsquo;s Tactical Computer System. The C4I CORTEX solution consists of both software and hardware necessary to integrate the various sub systems installed on the vessel. This software suite is open standards based and allows for flexible and easy integration of future capabilities and features. The hardware suite includes ruggedized displays, computers and servers. The C4I CORTEX solution will be produced in Johnstown, PA.</p> <p style="text-align: left;" dir="ltr"><a href="/~/media/KPS/KITS/Dataark CORTEX C4I 2013 8 juli.ashx">Read more about the C4I CORTEX here</a></p> <p style="text-align: left;" dir="ltr"><a href="/~/media/KPS/KITS/Dataark Cortex server 23 mai-trykk.ashx">Read more about the CORTEX server here</a></p> <p style="text-align: left;" dir="ltr">"This has been a strategic pursuit and we are pleased that we are a part of the winning team. It has been a great team effort and our employees have put in a tremendous amount of work to secure this contract," says &Aring;smund Groven, President of KITS. "We look forward to working closely with OIW and the rest of the CCM team to deliver on this contract."<b><i> </i></b></p> <p style="text-align: left;" dir="ltr">For media enquiries, please contact: </p> <b> <p style="text-align: left;" dir="ltr">Mr. Espen Henriksen</p> </b> <p style="text-align: left;" dir="ltr">President, Kongsberg Protech Systems</p> <p style="text-align: left;" dir="ltr">Ph: +47　913 95 343<br /> <a href="mailto:espen.henriksen@kongsberg.com">espen.henriksen@kongsberg.com</a></p></description> <pubDate>Fri, 11 Apr 2014 13:48:25 +0200</pubDate> </item> <item> <guid isPermaLink="false">{8F995436-6203-4128-817C-8C945C0D63DC}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/April/KONGSBERG-signs-new-Revolving-Credit-Facility</link> <title>KONGSBERG signs new Revolving Credit Facility</title> <description><p style="text-align: left;" dir="ltr">The facility has a tenor of five years, plus two one-year extension options. The new facility is for general corporate purposes, and replaces the NOK 1,000 million revolving credit facility with maturity in June 2015, which KONGSBERG has had since 2007. The facility is undrawn. </p> <p style="text-align: left;" dir="ltr">"<i>We are very pleased with the strong trust given to KONGSBERG from our core banks</i>", says Hans-J&oslash;rgen Wibstad, Chief Financial Officer of KONGSBERG <i>"This is an important milestone for KONGSBERG, and the terms of the facility reflects the strong trust and long term relationship that has been established".</i> </p> <p style="text-align: left;" dir="ltr">DNB Bank ASA acts as coordinator and facility agent for the facility. Bookrunners and Mandated lead arrangers are Danske Bank A/S, DNB Markets, a part of DNB Bank ASA, J.P. Morgan Limited, Merchant Banking, Nordea Bank Norge ASA and Skandinaviska Enskilda Banken AB. </p> <p>For further information, please contact: Per Olaf Stampe, Corporate Treasurer, Phone: +47　920 60　017</p></description> <pubDate>Thu, 10 Apr 2014 14:25:03 +0200</pubDate> </item> <item> <guid isPermaLink="false">{C548E01D-326C-4B6B-AFD1-638A20F98563}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/April/Annual-report%202013</link> <title>KONGSBERG`s Annual Report 2013 and Sustainability report</title> <description><p>You can read <a href="/~/media/KOG/Files/Investor/Annual reports/2013/AnnualReport-GB-final-web.ashx">the Annual report for 2013 here</a></p> <p>You can read the <a href="/~/media/KOG/Files/CorporateSocialResponsibility/CSR Report Annually/2013/SustainabilityReport2013-GB-web.ashx">Sustainability report here</a></p> <p>You can read&nbsp;<a href="http://www.kongsberg.com/en/kog/investorrelations/reportsandpresentations/">Quarterly reports and other older reports here</a>&nbsp;</p> <p>This information is subject to disclosure requirements pursuant to &sect;5-12 of the Norwegian Securities Trading Act</p></description> <pubDate>Fri, 04 Apr 2014 13:09:57 +0200</pubDate> </item> <item> <guid isPermaLink="false">{4F13260C-606E-4903-8A9A-E4CB9A14AA7E}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/March/New-contract-spacetec</link> <title>New important contract awarded to KONGSBERG Spacetec</title> <description/> <pubDate>Wed, 02 Apr 2014 13:40:34 +0200</pubDate> </item> <item> <guid isPermaLink="false">{16473028-6164-4DE3-92CA-CD259CEDB425}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/March/KONGSBERG-celebrates-its-200th-anniversary</link> <title>KONGSBERG celebrates its 200th anniversary</title> <description><p style="background: white;"><img width="510" height="232" alt="" src="/~/media/KOG/News/2014/March/indiakm200.ashx?h=232&amp;w=510" /></p> <p style="background: white;">Throughout 200 years what is now known as KONGSBERG has been an industrial trailblazer in the defence, maritime, oil, gas and aerospace sectors. </p> <p><i>&ldquo;There are not many businesses in the world that can boast 200 years of continuous operations, and this is something we are very proud and respectful of. We can look back on a unique and memorable history, and we are now a leading international high-technology corporation,&rdquo; says CEO Walter Qvam of KONGSBERG.</i><i></i></p> <p><i></i></p> <p style="background: white;"><b>1814: The establishment of the Norwegian defence industry</b><br /> Kongsberg weapons factory (KV) was founded by Poul Steenstrup, mining superintendent and participant at the national assembly at Eidsvoll, on 20 March 1814. This represented the establishment of Norway's first factory, even before the industrial revolution in Norway.</p> <p>During the spring of 1814, Norway had gained its constitution. And the work of building the country's first factory began in Kongsberg. The establishment of Kongsberg weapons factory in 1814 must be viewed in the light of other events of the same year. In January 1814, Norway had been ceded to Sweden, after centuries of union with Denmark.&nbsp; However, in Norway forces were working to give the country independence, and the need for a defence industry developed. </p> <p><b></b></p> <p><b>From the industrial revolution to international high technology supplier</b><br /> KONGSBERG has experienced numerous eras, including Norway's incipient industrial revolution in the 1800s, the development of the post-war technological industrialized Norway and the internationalization of Norwegian technology and expertise in the final decades until today. </p> <p><i></i></p> <p><i>For more information on KONGSBERG`s current activities and history, please visit our anniversary website</i> <a href="http://200.kongsberg.com/"><i>http://200.kongsberg.com</i></a><b> </b></p></description> <pubDate>Thu, 20 Mar 2014 06:04:27 +0100</pubDate> </item> <item> <guid isPermaLink="false">{8DADEC88-28B0-4819-A7E4-0FE45B984D68}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/March/Kongsberg-Maritime-technology-chosen-for-10-Petrobras-pipelaying-newbuilds</link> <title>Kongsberg Maritime technology chosen for 10 Petrobras pipelaying newbuilds</title> <description/> <pubDate>Wed, 19 Mar 2014 10:52:26 +0100</pubDate> </item> <item> <guid isPermaLink="false">{BFF9D3EF-1A57-4B57-94AD-0DFD5F8DA3D7}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/March/PROTEUS-contract-with-Royal-Norwegian-Army</link> <title>KONGSBERG has signed a contract for upgrade of the Royal Norwegian Navy’s (RNoN) PROTEUS simulator infrastructure </title> <description><p style="text-align: left;" dir="ltr"><img width="510" height="264" alt="" src="/~/media/KOG/News/2014/March/PROTEUS-contract.ashx?h=264&amp;w=510" /></p> <p style="text-align: left;" dir="ltr">The contract scope includes infrastructure upgrades and migration to a common PROTEUS simulation core for all the RNoN&rsquo;s KONGSBERG delivered simulators, new visual image generation, a generic HLA Evolved interface enabling further simulator participation in joint collaborative exercises and a new PROTEUS map centric instructor station. </p> <p style="text-align: left;" dir="ltr">The contract has a value of 49 MNOK and will be delivered to the RNoN training establishment KNM Tordenskjold at Haakonsvern naval base in 2016. </p> <p style="text-align: left;" dir="ltr">"This contract is the result of KONGSBERG&rsquo;s long and proven relationship with RNoN. RNoNs decision to further upgrade and improve its PROTEUS based simulator infrastructure strengthens our position as supplier of simulator systems, and in this context this is a very important reference contract for KONGSBERG", says Executive Vice President Leiv Inge Steig in Kongsberg Defence Systems.</p></description> <pubDate>Wed, 12 Mar 2014 08:56:36 +0100</pubDate> </item> <item> <guid isPermaLink="false">{29CA59C1-4BFE-49A5-986C-D0BD7B7F6D07}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/March/KONGSBERG-opens-new-office-in-Perth-Australia</link> <title>KONGSBERG opens new office in Perth</title> <description/> <pubDate>Wed, 05 Mar 2014 06:52:41 +0100</pubDate> </item> <item> <guid isPermaLink="false">{AD85E296-5381-45A3-BE53-C3EC4714E9F3}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/February/okorim</link> <title>&#216;KOKRIM has taken out charges against KONGSBERG with allegations of corruption</title> <description><p style="margin: 0cm 0cm 10pt;"><span style="font-family: Arial,sans-serif;">The charge is related to allegations of corruption (cf. Norwegian penal code </span><span style="font-family: Arial,sans-serif;">&sect;276a, cf. &sect;276b, cf. &sect;48a) related to deliveries of communication equipment to Romania from 1999 to 2008.</span></p> <p style="margin: 0cm 0cm 10pt;"><span style="font-family: Arial,sans-serif;"></span><span style="font-family: Arial,sans-serif;">KONGSBERG was informed about the charges today and the Chairman of the Board has been informed. </span></p> <p style="margin: 0cm 0cm 10pt;"><span style="font-family: Arial,sans-serif;"></span><span style="font-family: Arial,sans-serif;">KONGSBERG will cooperate closely with &Oslash;kokrim and other relevant authorities to clarify all the facts in relation to the charges.</span></p> <p style="margin: 0cm 0cm 10pt;"><span style="font-family: Arial,sans-serif;"></span><span style="font-family: Arial,sans-serif;">KONGSBERG has a zero-tolerance for corruption among its employees, consultants and business associates. As a company with considerable international activities KONGSBERG has a comprehensive anti-corruption program and high ethical standards is an integrated part of our operations.</span></p> <p style="margin: 0cm 0cm 10pt;"><span style="font-family: Arial,sans-serif;">There will be held a press conference at 18:00 at Vika Atrium, Oslo.</span></p> <p style="margin: 0cm 0cm 10pt;"><b></b></p> <b><span style="line-height: 115%; font-family: Arial,sans-serif; font-size: 11pt;">Contact details:</span></b><span style="line-height: 115%; font-family: Arial,sans-serif; font-size: 11pt;"><br /> Ronny Lie, Vice President Corporate Communication, 916 10&nbsp;798</span></description> <pubDate>Tue, 25 Feb 2014 13:48:20 +0100</pubDate> </item> <item> <guid isPermaLink="false">{775B5136-D3D5-4596-9D55-68DF36CD3EB1}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/February/Record-revenues</link> <title>Record revenues and strong cash flow for KONGSBERG</title> <description><iframe id="iframe_player" height="282" src="http://publisher.qbrick.com/Embed.aspx?mcid=8A2A8B017CF9E289&amp;width=502&amp;height=282" frameborder="0" width="502" scrolling="no">You need a browser that can handle Iframes to be able to view this page.</iframe> <p>The Board proposes an ordinary dividend of NOK 4.25 per share (NOK 3,75). In addition the board proposes an extraordinary dividend of NOK 1.00 per share in relation to KONGSBERG's 200th anniversary. This gives a total suggested dividend of NOK 5.25 per share, equivalent to a dividend ratio of 51.3 per cent. </p> <p><a href="/~/media/KOG/Files/Investor/Quarterly reports/2013/2014-02-06 Kvartalsrapport Q4_ENG_SCREEN.ashx">READ THE Q4 REPORT HERE</a></p> <p>The preliminary annual results for 2013 show operating revenues of MNOK 16 323, compared with MNOK 15 652 in 2012, i.e. an increase of 4.3 per cent. The 2013 EBITDA was MNOK 2 142, down from MNOK 2 294 in 2012. The provisional profit for the year after tax totalled MNOK 1 225, compared with MNOK 1 304 the year before. </p> <p><a href="http://webtv.hegnar.no/presentation.php?webcastId=19209718">FOLLOW THE WEBCAST HERE</a></p> <p>Q4 operating revenues added up to MNOK 4 745, compared with MNOK 4 209 in 2012. EBITDA during the quarter came to MNOK 611, which corresponds to an EBITDA margin of 12.9 per cent, compared with MNOK 573 and 13.6 per cent EBITDA in Q4 2012. New orders totalled MNOK 3 697, compared with MNOK 3 717 in Q4 2012 and the cash flow from operations increased from MNOK 884 million in Q4 2012 to MNOK 1 066 million in Q4 2013. </p> <p><a href="/~/media/KOG/Files/Investor/Quarterly reports/2013/KOG_Q4_2013_.ashx">GET THE INVESTOR PRESENTATION HERE</a></p> <p>Kongsberg Maritime increased its operating revenues, EBITDA and EBITDA margin compared with Q4 2012. Revenues ended at MNOK 2 201 (MNOK 2 043) and EBITDA at MNOK 292 (MNOK 251 million), resulting in an EBITDA margin of 13.3 per cent, up from 12.3 per cent year-on-year. Kongsberg Defence Systems reports a strong Q4 with operating revenues of MNOK 1 619 and EBITDA of MNOK 218. Kongsberg Protech Systems has a good influx of new orders and operating revenues roughly on a par with the two first quarters of 2013. Kongsberg Oil &amp; Gas Technologies reports 66.7 per cent higher operating revenues in Q4 2013 than a year earlier. The EBITDA margin for Kongsberg Oil &amp; Gas Technologies was 8.2 per cent in Q4. </p> <p>"We are reporting a very good Q4, featuring record- high operating revenues, a good EBITDA and a strong cash flow. Operations were strong in 2013, laying an even stronger foundation on which to reach our future goals. 2014 marks KONGSBERG's 200th anniversary, and we are well prepared going forward", remarks CEO Walter Qvam. </p> <p>"<a href="http://kongsberg.com/en/kog/news/2014/january/kongsberg-signs-significant-contract-for-nasams/">As announced we signed the group's largest supply contract to date, amounting to NOK 3.7 billion NOK in January 2014</a> and we are off to a good start in this anniversary year", concludes Qvam. </p> <p>For more information, see the full quarterly report at: www.kongsberg.com and </p> <p><a href="http://www.newsweb.no">www.newsweb.no</a></p> <p>For further information, please contact: Ronny Lie, Vice President, Communications, KONGSBERG, +47 916 10 798. Jan Erik Hoff, Vice President, Investor Relations &amp; Reporting, +47 991 11 916.</p> <p>&nbsp;</p></description> <pubDate>Fri, 07 Feb 2014 07:03:51 +0100</pubDate> </item> <item> <guid isPermaLink="false">{E0318DBD-EC7A-4C9F-AB2C-9C771347BDCF}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/February/Webcast%20Q4</link> <title>Follow the WebCast of Q4 starting 08:15</title> <description/> <pubDate>Fri, 07 Feb 2014 06:49:17 +0100</pubDate> </item> <item> <guid isPermaLink="false">{971BD9B0-20CC-443A-9967-8B27F5F705C6}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/January/Supplier-for-new-petrofac-pipelayer-vessel</link> <title>KONGSBERG chosen as engineering and technology supplier for the new Petrofac Derrick Pipelayer Vessel</title> <description><p style="text-align: left;" dir="ltr">&nbsp;</p> <table> <tbody> <tr> <td><img width="510" height="340" alt="" src="/~/media/KOG/News/2014/January/085_KIL-7178__.ashx?h=340&amp;w=510" />&nbsp;</td> </tr> <tr> <td>&nbsp;President Geir H&aring;&oslash;y in Kongsberg Maritime</td> </tr> </tbody> </table> <p>The vessel is to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China for Petrofac UK. The contract was awarded by ZPMC to Kongsberg Maritime Engineering (KME), a wholly owned subsidiary of Kongsberg Maritime.</p> <p style="text-align: left;" dir="ltr">The full contract includes supply and integration of the electrical, telecom and integrated control systems, project management, interface management and engineering services at all stages. In addition, a significant technology scope of supply includes generators, switchboards, automation, navigation &amp; DP systems, radio and satellite communications, networking and on board entertainment, safety technology and monitoring systems such as the advanced helideck monitoring system.</p> <p>"This is a milestone contract for Kongsberg Maritime Engineering, and one of the most extensive &lsquo;Full Picture&rsquo; contracts that Kongsberg Maritime has secured to date," says Geir H&aring;&oslash;y, President, Kongsberg Maritime. "Our approach of acting as a single supplier for all aspects of maritime vessel technology combined with being close to the customer in all major shipbuilding regions positions us as a natural partner for large integrated projects and we are proud to have been chosen to play such an important part in the development of Petrofac UK&rsquo;s new unit</p> <p>For further information, please contact:<br /> Geir H&aring;&oslash;y, President, Kongsberg Maritime, (+47) 958 85 414, <a href="mailto:geir.haoy@km.kongsberg.com">geir.haoy@km.kongsberg.com</a></p></description> <pubDate>Thu, 30 Jan 2014 12:05:51 +0100</pubDate> </item> <item> <guid isPermaLink="false">{7DDF670D-F506-47A2-B79E-D24E4F15B188}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/January/Hydroid-changes-management</link> <title>Hydroid Announces Changes in Key Leadership Positions</title> <description/> <pubDate>Tue, 28 Jan 2014 08:49:49 +0100</pubDate> </item> <item> <guid isPermaLink="false">{36997422-3063-46C8-BE12-F84CE50E1F35}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/January/KONGSBERG-signs-significant-contract-for-NASAMS</link> <title>KONGSBERG signs contract worth NOK 3,7 billion for NASAMS</title> <description><p class="Body1"><img width="510" height="199" alt="NASAMS" src="/~/media/KOG/News/2014/January/NASAMS.ashx?h=199&amp;w=510" /></p> <p class="Body1">KONGSBERG is a subcontractor of NASAMS elements to Raytheon. NASAMS is marketed internationally by Raytheon as prime in cooperation with US government. KONGSBERG's contract is worth NOK 3,7 billion. </p> <p class="Body1">NASAMS is developed to defend high value civilian and military assets on the ground against air threats. Norway deployed NASAMS during President Obama`s visit to Oslo to receive the Nobel Peace Prize in 2009, and the United States has deployed NASAMS in a 24/7 operation for the last eight years to protect the airspace above Washington DC. Several nations have chosen NASAMS, including Norway, Finland, The Netherlands, USA, Spain and now Oman. </p> <p class="Body1">"The cooperation with Raytheon has over the years developed into a close and strong partnership with a large potential market for our air defence solutions. This agreement with Oman is the single largest supply- contract in KONGSBERG's history and is a strong evidence of NASAMS` international position", says Walter Qvam, CEO in KONGSBERG. </p> <p class="Body1">"NASAMS is the most sold air defence system in its class in the last 10 years. Its modularity and open architecture enable a continuous evolution in performance to meet the latest threats. This makes NASAMS a sure choice today and for the future", says Harald &Aring;nnestad, President in Kongsberg Defence Systems. </p> <p class="Body1">For further information, please contact: </p> <p class="Body1">Harald &Aring;nnestad, President, Kongsberg Defence Systems, tel (+47) 920 60 087 <br /> Eirik Lie, Executive Vice President, Kongsberg Defence Systems, tel (+47) 917 04 933 <br /> Ronny Lie, Executive Vice President Communications, The Kongsberg Group, tel (+47) 916 10 798&nbsp;</p></description> <pubDate>Thu, 23 Jan 2014 14:01:37 +0100</pubDate> </item> <item> <guid isPermaLink="false">{34F633F1-0F58-47DE-9E7E-69F124E60BFA}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/January/C-Scope-upgrade-for-Vessel-Traffic-Service-System</link> <title>World’s first Vessel Traffic Service system upgrades to C-Scope</title> <description/> <pubDate>Fri, 10 Jan 2014 09:37:37 +0100</pubDate> </item> <item> <guid isPermaLink="false">{DD0B5A49-D561-46D8-AB35-B8BB3A36B9FE}</guid> <link>http://www.kongsberg.com/en/KOG/News/2014/January/Successful-acceptance-test-for-Simrad-ME70</link> <title>Successful Factory Acceptance Test for Simrad ME70 scientific multibeam echosounder</title> <description/> <pubDate>Wed, 08 Jan 2014 12:48:29 +0100</pubDate> </item> <item> <guid isPermaLink="false">{99131446-D905-41E2-B2BA-F27B0D39BE7A}</guid> <link>http://www.kongsberg.com/en/KOG/News/2013/December/KONGSBERG-gathers-operations-under%20-one-roof-in-Subsea-Valley</link> <title>KONGSBERG gathers operations under one roof in &quot;Subsea Valley&quot;</title> <description><p style="margin: 0cm 0cm 10pt;">"Our operations in the Oslo area were previously divided on a number of different locations. Now we are gathering</p> <table align="right"> <tbody> <tr> <td><img width="250" height="375" alt="" src="/~/media/KOG/News/2013/Asker Panorama (2).ashx?h=375&amp;w=250" />&nbsp;</td> </tr> <tr> <td></td> </tr> </tbody> </table> <p> all of our employees in the region under the same roof, further improving our efficiency. At the same time, this relocation will help us continue on the steep growth we have seen in this business area since it was established in 2010", points out P&aring;l Helsing, President of Kongsberg Maritime Oil &amp; Gas Technologies.</p> <p style="margin: 0cm 0cm 10pt;">According to the cluster organisation Subsea Valley, the cluster between Fornebu and Drammen currently includes some 200 enterprises that represent nearly 57 000 workplaces and roughly NOK 111 billion in sales. The cluster organisation estimates that it has a market share in excess of 70 per cent of the global market for subsea technology.</p> <p style="margin: 0cm 0cm 10pt;">"The choice of Asker was primarily motivated by the needs of our oil and gas operations. At the same time we wanted this building to serve as the base for our other activities in the Oslo and Akershus area, more specifically, our military communications operations that have been located at Billingstad and parts of our Protector development unit. Roughly 130 of those who moved to the new building in Asker are employed by Kongsberg Defence Communication and Kongsberg Protech Systems", adds KONGSBERG's Chief Executive Officer Walter Qvam.</p> <p style="margin: 0cm 0cm 10pt;">"In addition to the roughly 330 who moved into the building at this point in time, we have room for another 120 employees, ensuring that we have the capacity for further growth", continues Qvam.</p> <p style="margin: 0cm 0cm 10pt;">Qvam expects that locating employees in the same place in Asker will offer a variety of pay-offs for the Group. </p> <p style="margin: 0cm 0cm 10pt;">"As a technology enterprise, we are intently focused on innovation. It is a known fact that close proximity is conducive to innovation. By bringing all these businesses together in Asker, we achieve a better platform for our further development as well as for achieving economies of scale across the Group. </p> <p style="margin: 0cm 0cm 10pt;">&ldquo;Our focus on innovative solutions for the Oil and Gas industry has brought good results, and we are currently a world leader in real-time decision-making support for drilling operations. Our defence communications solutions and our weapon control technology are also global leaders. I have great expectations of what will happen when so many talented KONGSBERG people are gathered together in such a functional building", comments Qvam. </p> <p style="margin: 0cm 0cm 10pt;"><b>For further information, please contact:<br /> </b>P&aring;l Helsing, President, Kongsberg Oil &amp; Gas Technologies, 476-12564, <a href="mailto:pal.helsing@kogt.kongsberg.com">pal.helsing@kogt.kongsberg.com</a></p> <p style="margin: 0cm 0cm 10pt;">Ingunn Kolltveit, Marketing and Communication Manager, Kongsberg Oil &amp; Gas Technologies, 406-06999, <a href="mailto:ingunn.kolltveit@kogt.kongsberg.com">ingunn.kolltveit@kogt@</a><span style="text-decoration: underline;"></span></p> Stig-Are Mogstad, Executive Vice President, Kongsberg Defence Communication, 979-52900, <a href="mailto:stig-are.mogstad@kongsberg.com">stig-are.mogstad@kongsberg.com</a></description> <pubDate>Wed, 08 Jan 2014 07:48:26 +0100</pubDate> </item> <item> <guid isPermaLink="false">{6C39AE13-CD33-4A81-92E6-77B5E7392BD9}</guid> <link>http://www.kongsberg.com/en/KOG/News/2013/December/KONGSBERG-has-received-orders-to-the-CROWS-program</link> <title>KONGSBERG has received orders to the CROWS program</title> <description><p style="text-autospace: ;">The orders with the U.S. Army are for repair and reset&nbsp;of already delivered equipment, development of a Low Profile CROWS configuration, and purchase of more appended trainers (hardware).</p> <p style="text-autospace: ;">The orders are parts of the agreement signed in August 2012. </p> <p style="text-autospace: ;">For further information, please contact:&nbsp; President Kongsberg Protech Systems, Espen Henriksen, tel: </p> <p style="text-autospace: ;">(+47) 32 28 84 25.</p></description> <pubDate>Fri, 20 Dec 2013 23:09:55 +0100</pubDate> </item> <item> <guid isPermaLink="false">{12C388EE-DD85-4183-8BD1-B2DAEBA001F7}</guid> <link>http://www.kongsberg.com/en/KOG/News/2013/December/KONGSBERG-annonces-contract-with-Australian-Defence-Force</link> <title>KONGSBERG announces contract with Australian Defence Force</title> <description><p class="s4-wptoptable1"><img width="510" height="227" alt="" src="/~/media/KOG/News/2013/ASLAV-1_edited-1.ashx?h=227&amp;w=510" /></p> <p class="s4-wptoptable1">The Australian Defence Force procured 59 PROTECTOR M151s in 2004 as part of a rapid acquisition, intended to equip the ASLAV (Australian Light Armoured Vehicle) fleet ahead of operational rotation in Iraq and Afghanistan. </p> <p class="s4-wptoptable1">The stations will be updated and overhauled to today&rsquo;s standards by KONGSBERG in Norway, and deliveries are expected to occur in September 2014.</p> <p style="line-height: 150%; text-autospace: ;">PROTECTOR Remote Weapon Station is designed for small and medium caliber weapons and can be installed on any type of platform; it is a fully stabilized, combat proven system qualified for global operations. The Protector Weapon Control System protects military troops by allowing the vehicle's weapons to be operated from a protected position inside the vehicle.</p> <p style="line-height: 150%; text-autospace: ;">As of 2013 the PROTECTOR has been chosen by 17 nations and KONGSBERG continues to be the world&rsquo;s leading provider of Remote Weapon Stations.</p></description> <pubDate>Fri, 20 Dec 2013 08:10:24 +0100</pubDate> </item> <item> <guid isPermaLink="false">{8D649EA1-E6B5-4B58-9432-1F88018DEDA4}</guid> <link>http://www.kongsberg.com/en/KOG/News/2013/December/PROTECTOR-RWS-order-to-Switzerland-valued-MNOK-196</link> <title>PROTECTOR RWS order to Switzerland valued MNOK 196</title> <description><p style="line-height: 150%;">This contract is the fourth major PROTECTOR RWS contract between the Swiss Army and KONGSBERG since 2006.</p> <p style="line-height: 150%;">Deliveries will commence February 2015, and the systems will be produced in Kongsberg, Norway. </p> <p style="line-height: 150%;">PROTECTOR Remote Weapon Station is designed for small and medium caliber weapons and can be installed on any type of platform; it is a fully stabilized, combat proven system qualified for global operations. The Protector Weapon Control System protects military troops by allowing the vehicle's weapons to be operated from a protected position inside the vehicle.</p> <p style="line-height: 150%;">As of 2013 the PROTECTOR has been chosen by 17 nations and KONGSBERG continues to be the world&rsquo;s leading provider of Remote Weapon Stations.</p> <p style="line-height: 150%;"><b>For further information:</b><br /> President Espen Henriksen, <br /> Kongsberg Protech Systems<br /> Tel: +47 913 95&nbsp;343</p></description> <pubDate>Thu, 12 Dec 2013 13:43:41 +0100</pubDate> </item> </channel> </rss>