tiprankstipranks
Nekkar ASA Secures Major Naval Contract in Norway
Company Announcements

Nekkar ASA Secures Major Naval Contract in Norway

Nekkar ASA (DE:0TT) has released an update.

Stay Ahead of the Market:

Nekkar ASA’s subsidiary, Syncrolift AS, has secured a significant contract with the Norwegian Defence Estate Agency to deliver a state-of-the-art shiplift and ship transfer system to the Haakonsvern Naval base. This NOK 164 million project, designed with a 15-year outlook, strengthens Syncrolift’s position in the global naval market amid growing defense spending. Delivery is scheduled for the first quarter of 2029, promising long-term operational reliability and visibility.

For further insights into DE:0TT stock, check out TipRanks’ Stock Analysis page.

Related Articles
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