Navy initiates multiyear NSM buy with $960 million award to Kongsberg

By Nick Wilson / November 13, 2024 at 11:50 AM
The Navy has awarded Norwegian contractor Kongsberg Defense and Aerospace a five-year, $960 million contract for the Naval Strike Missile after Congress provided multiyear authority and funding in its fiscal year 2024 defense legislation. The award, intended to satisfy an Over the Horizon-Weapon System (OTH-WS) Naval Strike Missile (NSM) requirement, could be worth over $1.1 billion if all options are exercised, according to a Nov. 12 Pentagon contract announcement . The Navy presented plans to buy as many as 516...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.