What's Happening?
Kongsberg Maritime has signed a contract to supply 18 large Kamewa waterjets for the Indian Navy's Next Generation Missile Vessel (NGMV) program. These waterjets will enhance the speed and maneuverability of the vessels, which are being constructed by
Cochin Shipyard Limited. This contract represents Kongsberg Maritime's largest single waterjet order to date, marking a significant milestone in the company's manufacturing capabilities.
Why It's Important?
The contract underscores the strategic importance of the NGMV program in bolstering India's maritime defense capabilities. For Kongsberg Maritime, this deal signifies a resurgence in large waterjet manufacturing, potentially leading to increased business opportunities and market expansion. The collaboration between Kongsberg and the Indian Navy highlights the growing international partnerships in defense technology, which can lead to advancements in naval capabilities and influence global defense dynamics.
