Kongsberg Defence & Aerospace has been awarded two contracts by the Norwegian Defence Materiel Agency (FMA) to deliver Naval Strike Missiles (NSM).

The company will supply a new batch of the fifth-generation missiles to equip the Royal Norwegian Navy’s frigates and corvettes.

Valued at approximately $170m (Nkr1.43bn), the contracts also include support services to extend the operational timeline of the existing NSMs in the Norwegian inventory.

According to the company, the missiles will be put through a set of maintenance events to extend service life and continue providing advanced capabilities for the service.

Kongsberg Defence & Aerospace executive vice-president Øyvind Kolset said: “The triangular collaboration between Kongsberg, the Norwegian Armed Forces and the Norwegian Defence Research Establishment (FFI) is the key to our ability to develop such advanced and complex systems.

“We are also very proud to sign a maintenance agreement that will extend the missile’s shelf life, ensuring that the Navy will remain operational with this important capability.

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“Contracts such as this support Kongsberg’s and FMA’s sustainability goals and help to secure further employment, not only for our employees but also for our national subcontractors.”

A successor to the Penguin anti-ship missile, the NSM is an anti-ship / land-attack cruise missile developed by Kongsberg Defence Systems.

The long-range precision strike missile is designed for use in both sea-to-sea and sea-to-land defence.

The missile features passive sensor technology and a low radar signature.

It is equipped with integrated sensors to locate exact targets and will self-destruct if it cannot situate the intended target of the missile system.

In June 2018, Kongsberg and the FMA signed an Nkr220m ($26.96m) cooperation agreement for NSM, which marked the first phase of the latest industrial cooperation between Norway and Germany.