KOG: KONGSBERG to deliver NASAMS to Kuwait via US foreign military sales programme

KONGSBERG has signed a contract with Raytheon for deliveries of the NASAMS air
defence system to Kuwait through the US Foreign Military Sales programme. 

The programme has a value for KONGSBERG of about USD 400 million. NASAMS will
form an integrated part of Kuwait's layered air defence architecture, spanning
short-range to long-range air defence, and will strengthen the country's ability
to protect its population, critical infrastructure and strategic assets against
a wide range of aerial threats. 

"The acquisition will help address Kuwait's urgent operational need for modern,
flexible and combat-proven air defence. It underscores NASAMS' role as one of
the world's most widely deployed and operational medium-range air defence
systems," said Kjetil Reiten Myhra, President Defence Systems.

The NASAMS system consists of system elements from both Raytheon and KONGSBERG.
NASAMS' modularity and open architecture enable the continuous introduction of
new technology, which ensures that the system can adapt to new threats and
missions throughout its lifetime.

KONGSBERG (OSE ticker: KOG) is an international technology and defence company
that delivers critical products and solutions in defence, security and
surveillance on land, underwater and in space. KONGSBERG has approximately 7 800
employees in 20 countries and had a total revenue of NOK 32.8 billion in 2025.
nue of NOK 32.8 billion in 2025.\