Kitron ASA ( (GB:0F0J) ) has shared an update.
Kitron ASA has secured a significant order valued at approximately NOK 73 million for electronics related to the Joint Strike Missile (JSM), a critical weapon system supplied by Kongsberg Defence & Aerospace. This order is expected to enhance Kitron’s order backlog and reinforce its positioning within the growing defense market segment, with deliveries slated to begin in 2026 from its Arendal, Norway facility.
More about Kitron ASA
Kitron is a leading Scandinavian electronics manufacturing services company operating in sectors such as Connectivity, Electrification, Industry, Medical Devices, and Defence/Aerospace. With operations across multiple countries including Norway, Sweden, the United States, and China, Kitron employs approximately 2,400 people and reported revenues of EUR 647 million in 2024.
YTD Price Performance: 12.54%
Average Trading Volume: 9,205
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: NOK7.62B
See more insights into 0F0J stock on TipRanks’ Stock Analysis page.