OSLO: KONGSBERG has signed an agreement to sell its steering gear and rudder business, currently part of the Propulsion and Handling division in Kongsberg Maritime. This is in line with Kongsberg Maritime’s strategy towards decarbonisation of shipping with its integrated systems and…
KONGSBERG, a leading technology group in Norway, announced its financial results for 2023, showing strong growth, profitability, and order intake. The company also proposed a dividend of NOK 14 per share, which is almost double from last year. The company’s…
OSLO, NORWAY: Kongsberg Defence & Aerospace AS (KONGSBERG) was awarded a contract with the Norwegian Defence Materiel Agency (NDMA) to supply the Joint Strike Missile (JSM) for Norway’s fleet of F-35A Lightning II fighter aircrafts. The contract is valued at…
OSLO, NORWAY: Kongsberg Defence & Aerospace AS has entered into contracts with Norway and Germany to deliver ORCCA combat system elements to the six new 212CD submarines, and the Naval Strike Missile (NSM) to the two nations’ navies, a news…
OSLO, NORWAY: Kongsberg Maritime (KM) has signed contracts totalling EUR 49m with the Chinese shipbuilder COSCO Shipping (Qidong) Offshore for the delivery of its industry-leading Wind Turbine Installation Vessel (WTIV) technology. The agreement will see KM supply comprehensive technology packages…
OSLO: Kongsberg ASA has on 1 December 2020 put in place a non-discretionary agreement with a third party for the repurchase of Kongsberg shares for up to NOK 100 million in the open market. Under this agreement, the third party…