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Kongsberg Defence & Aerospace wins $117.9 million U.S. Marine Corps contract

Published 04/08/2025, 22:30
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Investing.com -- Kongsberg Defence & Aerospace has been awarded a $117,900,168 firm-fixed-price modification to a previously awarded contract for the U.S. Marine Corps.

The Norwegian defense company will supply 101 Protector Remote Turret 20 units for the Amphibious Combat Vehicle Medium Caliber Cannon (ACV-30) vehicle. The contract also covers associated production costs, fielding and support costs, support and test equipment, and spares.

The total value of the contract could reach $271,476,370 if all options are exercised.

Work on the project will be divided between Johnstown, Pennsylvania (62%) and Kongsberg, Norway (38%), with completion expected by September 30, 2027.

The U.S. Department of Defense confirmed that fiscal 2025 procurement funds from the Marine Corps will be obligated at the time of award. Marine Corps Systems Command in Quantico, Virginia, is managing the contract.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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