Kitron Secures NOK 109 Million Order from Kongsberg

Kitron ASA ( (GB:0F0J) ) has issued an update.

Kitron ASA has secured a significant order worth NOK 109 million from Kongsberg Defence & Aerospace AS for communication equipment used in air defence systems. This order highlights Kitron’s strategic involvement in the growing air defence market segment, with production set to occur at its facility in Arendal, Norway, and deliveries scheduled for 2026.

More about Kitron ASA

Kitron is a leading Scandinavian electronics manufacturing services company specializing in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace. The company operates across multiple countries including Norway, Sweden, Denmark, and the United States, employing around 2,400 people and generating revenues of EUR 647 million in 2024.

YTD Price Performance: 37.49%

Average Trading Volume: 19,846

Technical Sentiment Consensus Rating: Sell

Current Market Cap: NOK9.06B

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