Kongsberg Automotive Secures Lucrative Contract Extension

Kongsberg Automotive Holding ASA (KGAUF) has released an update.

Kongsberg Automotive has announced a significant contract extension worth over EUR 13.5 million with a major European brake manufacturer for their RAUFOSS ABC™ System’s air couplings. The deal, which kicks off in January 2025, will support the production and distribution of this key component for trucks, buses, and trailers by KA Raufoss in Norway and KA Cluses in France. This extension underscores KA’s market leadership and the global recognition of their product’s quality.

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