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Kongsberg Gruppen ASA ( (NSKFF) ) has issued an update.
Kongsberg Defence & Aerospace has been awarded a $70 million change order for its Joint Strike Missile contract, raising the total contract value to $208 million. The contract, involving work to be completed by 2027 in Kongsberg, emphasizes KONGSBERG’s role in supporting US defense capabilities and strengthens its position within the defense industry.
More about Kongsberg Gruppen ASA
KONGSBERG is an international, knowledge-based corporation specializing in high-tech systems and solutions across various markets, including defense, security, maritime, energy, aerospace, climate mapping, and underwater technology. With over 14,000 employees in 39 countries, the company reported a total revenue of 40.6 billion kroner in 2023.
YTD Price Performance: 4.99%
Average Trading Volume: 459
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $21.44B
See more insights into NSKFF stock on TipRanks’ Stock Analysis page.
