Grand opening in Kongsberg

The Norwegian government's decision to pick the American fighter craft F-35 Joint Strike Fighter to replace the F-16 put an extra dimension to the grand opening of KONGSBERG's new facility for the manufacturing of advanced composite aerostructures in Kongsberg.

The Minister of Defence Anne-Grete Strøm-Erichsen, Deputy Minister of the
Ministry of Trade and Industry Øyvind Slåke and Mayor of Kongsberg Vidar Lande performed the ribboncutting in front of about 100 guests. The new facility will be used to manufacture advanced composite aerostructures for the Joint Strike Fighter.

"This is a big day for us. The decision to buy the
American fighter craft Joint Strike Fighter is positive for the success of this facility, for us as a company, for the region, for many of our Norwegian subcontractors and for the further development of Norwegian technology competence," said KONGSBERG's CEO Walter Qvam.

Facts about Kongsberg Aerostructures:
o The facility is approximately 30 000 square meters
o KONGSBERG has invested about MNOK 900 in the facility
o The main activity will be manufacturing of parts in composite and titanium
o Approximately 180 people will be employed at the facility. It is expected that
this number will increase to about 210 during 2009.

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