Norway-based Kongsberg has entered a comprehensive cooperation agreement with Germany’s ThyssenKrupp Marine Systems and Atlas Elektronik for the provision of new submarines.
The agreement comes after the Norwegian Government confirmed on 3 February that Germany would be chosen as strategic partner for the new submarines.
The government also revealed that Norway had entered into negotiation with thyssenkrupp, which is serving as the prime contractor.
A joint venture (JV) firm between the three companies will be set up as part of the partnership, which will be based in Norway. The company will function as the international strategic and exclusive supplier of combat systems for thyssenkrupp Marine Systems’ submarines.
thyssenkrupp Marine Systems chief executive officer Dr Peter Feldhaus said: “Four important success factors are key to our concept in Norway: cooperation with Norwegian industry, proven technology, predictability on costs and schedule, and long term partnership.
“The agreement signed today is the first important step that brings all these factors together. Kongsberg and Atlas Elektronik’s expertise in combat systems for submarines is internationally recognised, and we are very glad that our submarines will be delivered with world class systems on board going forward.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataShares in the new JV will be part-owned by the Norwegian and German partners, and is expected to aid them in cooperatively providing a full range of products and services to their clients.
It will also be responsible for the development, manufacturing and maintenance of combat systems, among others.
Atlas Elektronik chief executive officer Dr Rolf Wirtz said: “The teaming agreement is an important first step in a long and fruitful cooperation.
“The upcoming Norwegian submarine programme will pave the way for further cooperation. We also see many opportunities outside the submarine business and we’re looking forward to this.”
Image: Kongsberg, thyssenkrupp Marine Systems and Atlas Elektronik sign comprehensive teaming agreement. Photo: courtesy of Kongsberg.