Kongsberg Gruppen Gets $111 Million Order From Lockheed Martin for F-35 Jet Parts
By Dominic Chopping
Kongsberg Gruppen's defense and aerospace business said Friday it has received a 1.2 billion Norwegian kroner ($111.3 million) order from Lockheed Martin to supply parts for the F-35 Joint Strike Fighter Program.
The deal covers production of rudders, vertical leading edges and main landing gear closeout panels for the three versions of the F-35, totalling more than 300 aircraft.
Deliveries for the new order will begin in 2025.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
September 22, 2023 03:24 ET (07:24 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks