Kongsberg Gruppen ASA (NSKFF) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kongsberg Defence & Aerospace has initiated the development of the Supersonic Strike Missile (3SM) in partnership with the Norwegian Defence Materiel Agency, Diehl Defence, and MBDA Deutschland, setting the stage for a new era in missile technology. Slated for deployment in 2035, this next-generation missile system aims to enhance the maritime combat capabilities of Norway, Germany, and allied nations. The 3SM, valued at 1.5 billion NOK for its first phase, underscores KONGSBERG’s commitment to innovation in defense and its impact on national security and job creation.
For further insights into NSKFF stock, check out TipRanks’ Stock Analysis page.