Kongsberg’s Joint Strike Missile USAF contract expanded to $208 million

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Kongsberg Defence & Aerospace (KOG.OL) has secured a nearly $70 million contract modification from the US State Department for Joint Strike Missile (JSM) production Lot One. Designed for the internal weapon bays of the F-35 Joint Strike Fighter, the JSM is an advanced cruise missile variant of the Naval Strike Missile. The modification finalizes components of the $141 million initial contract with the USAF, including all-up rounds with containers and test hardware, with completion expected by September 30, 2027. The project involves collaboration with Raytheon (RTX) and production in Kongsberg, Norway. To meet growing demand in the US, Kongsberg is investing $110 million in its US facilities to expand production capabilities.

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