Kongsberg and thyssenkrupp announced on 31 October that they had formed a joint venture company dedicated to conventional submarine combat systems.
The new company, to be called kta Naval Systems, will be 50% owned by Kongsberg and 50% by thyssenkrupp and its subsidiary, Atlas Elektronik. The venture will focus on the development, production, and maintenance of combat systems for conventional submarines.
The firm will be headquartered in Norway, with a branch office in Bremen, northern Germany, and will initially focus on delivering combat systems for the joint Norwegian-German procurement of the new Type 212 Common Design (CD) submarine.
The German and Norwegian governments signed a government-to-government agreement in June for the joint development, procurement, operation, and maintenance of submarines and their weapons systems.
Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options ihs.com/contact