Kongsberg Aviation Maintenance Services AS (KAMS), a subsidiary of Kongsberg
Defence & Aerospace, has signed agreements with Lockheed Martin Aeronautics
worth 122 mill NOK to supply parts for the F-35 Lightning II program.

The agreement with Lockheed Martin includes assembly and production of
horizontal and vertical tails for more than 50 F-35 aircraft in production lots
15-17. The production of these critical parts began back in 2014, and the new
order will enable continued production of the parts until 2025, at the KAMS
production facility at Kjeller, Norway.

This contract reaffirms KONGSBERG's longstanding position as a supplier to the
F-35 program and secures work for the next four years. This contract also
positions us for further participation in future production, says Terje Bråthen,
EVP, Kongsberg Defence & Aerospace.

Kongsberg Aviation Maintenance Services AS is majority owned by Kongsberg
Defence & Aerospace with 50.1% of the shares and Patria of Finland owning 49.9%.

For further information:
Ronny Lie, Chief Communication Officer, (+47) 91 61 07 98
Jan Erik Hoff, Group Vice President Investor Relations, (+47) 99 11 19 16


KONGSBERG (OSE-ticker: KOG) is an international, leading global technology
corporation delivering mission-critical systems and solutions with extreme
performance for customers that operate under extremely challenging conditions.
We work with nations, businesses and research environments to push the
boundaries of technology development in industries such as space, offshore and
energy, merchant marine, defence and aerospace, and more. KONGSBERG has about
11,000 employees located in more than 40 countries, creating a total revenue of
NOK 25.6bn in 2020.
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