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SHEL Shell Plc

2,941.50
33.00 (1.13%)
Last Updated: 12:38:52
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  33.00 1.13% 2,941.50 2,941.00 2,942.00 2,946.00 2,922.50 2,922.50 2,230,724 12:38:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.88 191.27B

Kongsberg Gruppen Gets $122 Million Missile Order For US Navy

02/06/2023 11:46am

Dow Jones News


Shell (LSE:SHEL)
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From May 2023 to May 2024

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By Dominic Chopping

 

Norway's Kongsberg Gruppen said Friday it has received an order worth 1.35 billion Norwegian kroner ($122.1 million) from Raytheon for naval strike missiles to the U.S. Navy.

Raytheon is prime contractor to the U.S. Navy and Friday's order relates to a previously announced framework deal for the U.S. Navy Over-The-Horizon Weapon System program.

In a separate announcement, Kongsberg said its Kongsberg Digital Holding unit has raised $90 million from Shell Ventures and Idekapital.

Shell Ventures is the corporate venture capital arm of Shell while Idekapital is an Oslo, Norway-based venture and growth capital firm.

The investment values Kongsberg Digital at $540 million post-money, it said.

Kongsberg Digital Holding was established in 2016 to provide software and digital solutions for heavy asset industries, focusing on the maritime, renewable and energy industries.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

June 02, 2023 06:31 ET (10:31 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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