# Kongsberg Automotive wins $37M contract with Asian OEM

Kongsberg Automotive's couplings business unit secured a five-year contract worth EUR32 million (USD37 million) with a leading Asian car and commercial vehicle manufacturer, with an average annual revenue of USD6.14 million.

- Type: Contract
- Announced: 2021-10-08
- Value: $37.0M
- Status: completed
- Products: couplings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Kongsberg Automotive](https://endata.com/companies/12484.md)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5262807/kongsberg-automotive-secures-five-year-contract-worth-usd37-million-with-a-leading-asian-oem), 2021-10-11: "Kongsberg Automotive said that the secured five-year contract will fetch an average annual revenue of USD6.14 million"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.