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US GeoEye grants NOK330m order to Norwegian Kongsberg
[December 12, 2011]

US GeoEye grants NOK330m order to Norwegian Kongsberg


Dec 12, 2011 (NORDIC BUSINESS REPORT via COMTEX) -- 12 December 2011 - Norwegian weapons maker Kongsberg Gruppen ASA (OSL:KOG) said today it had signed a contract worth some NOK330m to provide ground station services to US satellite imagery company GeoEye (NASDAQ:GEOY).



The weapons firm's contract party is Kongsberg Satellite Services (KSAT), 50/50-owned with the Norwegian Department of Trade and Industry.

KSAT will operate the ground stations for five years from its main office in Tromso, northern Norway.


(EUR1 = NOK7.7) Comments on this story may be sent to [email protected]

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