Kongsberg Gruppen ASA (OSL:KOG) won about $400 million to supply NASAMS to Kuwait via U.S. FMS in a Raytheon-linked deal, and CEO Eirik Lie is eyeing mergers and acquisitions to scale up capacity and meet rising missile-system demand.
Previous Week Recap
- Kongsberg Delivers NASAMS To Kuwait: Kongsberg Gruppen ASA (KOG) will deliver NASAMS air‑defense systems to Kuwait via the U.S. Foreign Military Sales program. Contract tied to Raytheon; deal worth about $400 million to Kongsberg.
- Kongsberg CEO Weighs M&A: Kongsberg Gruppen ASA (KOG) CEO Eirik Lie is weighing mergers and acquisitions to meet rising missile demand, signaling management plans to pursue acquisitions as a growth response.
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