Kitron ASA (GB:0F0J) has released an update.
Kitron ASA has announced securing orders worth over 500 million Norwegian kroner from Kongsberg Defence & Aerospace for electronics pertaining to the Naval Strike Missile. This deal emphasizes Kitron’s growth in the defense and aerospace sectors and will bolster its Norwegian operations, with production slated for 2025-2026 in Arendal.
For further insights into GB:0F0J stock, check out TipRanks’ Stock Analysis page.