tiprankstipranks
Kongsberg Secures Major NASAMS Contract Boosting Norway’s Defense
Company Announcements

Kongsberg Secures Major NASAMS Contract Boosting Norway’s Defense

Kongsberg Gruppen ASA (NSKFF) has released an update.

Pick the best stocks and maximize your portfolio:

Kongsberg Gruppen ASA has secured a NOK 2.7 billion contract to supply the Norwegian government with additional NASAMS air defence systems, enhancing Norway’s aerial defense capabilities. This strategic move not only replaces equipment previously donated to Ukraine but also strengthens Norway’s defense infrastructure to address current and future threats. Kongsberg’s investment in production capacity and international collaboration underscores its commitment to maintaining robust defense preparedness.

For further insights into NSKFF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskKongsberg Secures Major Defence Contract with Netherlands
TipRanks European Auto-Generated NewsdeskKongsberg’s Landmark Missile Deal with US Navy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App