Kongsberg Automotive secures five-year contract worth USD37 million with a leading Asian OEM

OEM Purchasing

Kongsberg Automotive said that the secured five-year contract will fetch an average annual revenue of USD6.14 million

Zurich-based Kongsberg Automotive’s ‘couplings business unit’ has won a contract with a leading Asian car and commercial vehicle manufacturer worth EUR32 million (USD37 million) in estimated lifetime revenue, and average annual revenue of USD6.14 million, the company said in a press release on 8 October.

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