KIT Kitron ASA

Kitron: Northrop Grumman Awards Contracts to Kitron

Kitron: Northrop Grumman Awards Contracts to Kitron

(2023-08-10) Northrop Grumman Corporation (NYSE: NOC) has awarded Kitron a sub-contract for production of AN/ASQ-242 Integrated Communications, Navigation, and Identification (CNI) modules for the F-35 Lightning II-program. Deliveries will secure a backlog into 2025 and have a total value of more than USD 13 million.

Production will take place at Kitron’s plant in Norway.

The sub-contract relates to the Long-Term Supply Agreement announced on 21 September 2015 and 24 November 2016, and covers Lot 16 through Lot 17.

Northrop Grumman’s ICNI-system provides F-35-pilots with more than 27 fully integrated operational functions. Using its industry leading software-defined radio technology, Northrop Grumman’s design allows the simultaneous operation of multiple critical functions while greatly reducing size, weight, and power demands on the advanced F-35 fighter. These functions include Identification Friend or Foe (IFF), automatic acquisition of fly-to-points, and various voice and data communications such as the multifunction advanced data link.

Norway is one of the international partner countries participating in the F-35 program. Under a manufacturing license agreement between Kitron and Northrop Grumman, Kitron will manufacture sub-assemblies for the F-35 Joint Strike Fighter.

For further information, please contact:

Peter Nilsson, President and CEO, tel.:

Hans Petter Thomassen, Managing Director, Kitron Norway, tel.:

E-mail:

Kitron is a leading Scandinavian electronics manufacturing services company for the Connectivity, Electrification, Industry, Medical devices and Defence/Aerospace sectors. The group is located in Norway, Sweden, Denmark,Lithuania, Germany, Poland, the Czech Republic, India, China and the United States.

Kitron has about 3 200 employees, and revenues were EUR 641 million in2022.

This information is made public by the Company pursuant to the EU market abuse regulation article 5, as supplemented by Commission Delegated Regulation (EU) 2016/1052, and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Oslo Børs (/nb/markets/oslo)

 



EN
10/08/2023

Underlying

KITKitron ASA

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Kitron ASA

 PRESS RELEASE
Free
KIT KITRON ASA

Kitron: Change in corporate management team

Kitron: Change in corporate management team (2025-09-25) Kitron announces that Chief Operating Officer Kristoffer Asklöv has tendered his resignation in order to assume the role of CEO at a Swedish manufacturing company outside Kitron’s competitive landscape. “Kristoffer has been a valued member of Kitron’s corporate management team since joining four years ago. His leadership and contributions have played a key role in our growth and operational development. We thank him for his dedication and wish him continued success in his new role,” says Peter Nilsson, CEO of Kitron. To ensure a smo...

September 25, 2025 1 EN
 PRESS RELEASE
Free
KIT KITRON ASA

Kitron: Endring i konsernledelsen

Kitron: Endring i konsernledelsen (2025-09-25) Kitron melder i dag at driftsdirektør Kristoffer Asklöv har sagt opp for å tiltre som konsernsjef i et svensk industriselskap utenfor Kitrons bransje. – Kristoffer har vært et verdifullt medlem av Kitrons konsernledelse siden han begynte for fire år siden. Hans lederskap og bidrag har vært sentrale i vår vekst og driftsmessige utvikling. Vi takker ham for engasjementet og ønsker ham fortsatt suksess i den nye rollen, sier Peter Nilsson, konsernsjef i Kitron. For å sikre en god overlevering forblir Asklöv i Kitron i fjerde kvartal og forlater ...

September 25, 2025 1 EN
 PRESS RELEASE
Free
KIT KITRON ASA

Kitron ASA - New share capital registered

Kitron ASA - New share capital registered (2025-09-18) Reference is made to the stock exchange announcement from Kitron ASA on 15 September 2025 regarding issuance of 485,698 new shares under the Company's share incentive program. The share capital increase in connection with the share incentive program has been registered in the Norwegian Register of Business Enterprises today. Registered share capital in Kitron ASA following the registration is NOK 19,940,285.90 divided on 199,402,859 shares, each with a par value of NOK 0.10. Each share gives one vote at the company's general meeting. ...

September 18, 2025 1 EN
 PRESS RELEASE
Free
KIT KITRON ASA

Kitron ASA – Ny aksjekapital registrert

Kitron ASA – Ny aksjekapital registrert (2025-09-18) Det vises til børsmelding fra Kitron ASA 15. september 2025 vedrørende utstedelse av 485 698 nye aksjer under Selskapets aksjeinsentivprogram. Kapitalforhøyelsen i forbindelse med aksjeinsentivprogrammet har i dag blitt registrert i Foretaksregisteret. Registrert aksjekapital i Kitron ASA etter registreringen er NOK 19 940 285,90 fordelt på 199 402 859 aksjer hver pålydende NOK 0.10. Hver aksje gir én stemme på Selskapets generalforsamling. Kitron er et ledende skandinavisk foretak innen produksjon av elektronikk og relaterte tje...

September 18, 2025 1 EN
 PRESS RELEASE
Free
KIT KITRON ASA

KIT – Utstedelse av aksjer under aksjeincentivprogram

KIT – Utstedelse av aksjer under aksjeincentivprogram (2025-09-15) Det vises til Kitron ASAs ("Kitron") tidligere offentliggjøringer knyttet til aksjeincentivprogrammet i selskapet. Kitron har mottatt meldinger om utøvelse av opsjoner fra deltakere i aksjeincentivprogrammet og Kitrons styre har vedtatt å utstede 485 698 nye aksjer. Aksjene utstedes til opsjonshaverne til en tegningskurs på NOK 0,10 per aksje i henhold til styrefullmakten vedtatt av Kitrons generalforsamling avholdt 25. april 2025. Totalt 925 000 opsjoner har blitt utøvet. Aksjeinsentivprogrammet er imidlertid begrenset ved...

September 15, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch