Kongsberg signs NOK 1.1 billion JSM contract
Kongsberg has signed a Phase III contract with the Norwegian Defence Logistics Organization (NDLO) to complete the development of the Joint Strike Missile (JSM).
This contract is valued at NOK 1.1 billion (130 million euro), 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.
JSM development work has going on since 2008 and will be a continuous activity up until the completion of a 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.
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.
“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.
“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 Ånnestad, President of Kongsberg Defence Systems.
Read more: http://evertiq.com/news/34753
Circuit Engineering Co.,Ltd. offers complete product life cycle support for Printed Circuit Board Reverse Engineering, PCB Clone, PWB Copy, Printed Wiring Board Duplicate, PCB Card Replicate in the Medical, Industrial, Automotive, and Public Safety market segments. Our electronics design and electronic manufacturing services (EMS) core focus is vital in the creation of durable products that require high reliability. These products perform exceptionally well in even the most challenging environments.
At Circuit Engineering Co.,Ltd, we value our eletronic design and reverse engineering customers and their unique needs and expectations. Our customer focus and dedication to unparalleled excellence in PCB design, clone and manufacturing, has resulted in proven success in the PCB Reverse Engineering industry.
Personal relationships are important to us. Our Business Managers, identified to support key Circuit Engineering Co.,Ltd customers, strive to build long term global partnerships. Our commitment to support our customers is backed by our electronics manufacturing history and demonstrated growth over the past ten years.
The Circuit Engineering Co.,Ltd is proud to have engineering and manufacturing facilities to support our customers. Our innovative PCB Replication processes are performed at six (6) worldwide locations. These facilities are optimized for PCB duplication capabilities in:
PCB Reverse Engineering
Microcontroller Extraction
Component Procurement
PCB Manufacturing Prototypes
New Product Development
New Product Introduction (NPI)
Supply Chain Management
Contract Manufacturing
Complete System Assembly
Test Development
Repair and Reverse Logistics Services
With extensive electronics design and innovative manufacturing capabilities, Circuit Engineering Co.,Ltd is able to execute to the highest quality and reliability expectations in the PCB Reverse Engineering industry.
Tags: replicate circuit board,replicate circuit card,replicate pcb,replicate pcb assemble,replicate pcb board,replicate pcb card,replicate pcba,replicate printed circuit board,replicate printed wiring board,replicate pwb