# Kongsberg Automotive secures €13.5M contract extension for air couplings

Kongsberg Automotive won a three-year contract extension worth over €13.5 million in estimated lifetime revenue for its Raufoss ABCT System's air couplings, awarded by a global brake manufacturer. Production will be in Norway and France, starting January 2025.

- Type: Contract
- Announced: 2024-08-29
- Where: Raufoss, Norway
- Value: $15.0M (13.5M EUR)
- Status: announced
- Products: air couplings for brake systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [inderes.dk](https://www.inderes.dk/en/releases/koa-kongsberg-automotive-wins-a-contract-extension-worth-over-eur-135-million-in-estimated-lifetime-revenue), 2024-08-29: "The extension of this contract with our long-time customer is a testament to the quality of our product, and a validation of the fact that Raufoss Couplings has a strong global reputation."
- [marklines.com](https://www.marklines.com/en/news/313674), 2024-08-29: "Kongsberg Automotive ASA (KA) has won an extension of contract for its Raufoss ABC System's air couplings."

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