With financial support from the Norwegian authorities and the EU's ASAP program, Kongsberg Defense and Aerospace (KONGSBERG) is investing more than NOK 640 million (approximately $60.4 million) to increase its missile production capacity.
Kongsberg press release
The European security policy situation increases the need to ensure the availability and supply of ammunition and missiles. Last year, the European Commission launched his ASAP program (Ammunition Production Support Act) To support industry's ability to increase ammunition and missile production capacity.
In recent years, Kongsberg has implemented several measures to increase its production capacity. For example, investments in a new missile factory in Kongsberg, which will open this summer. Now, with support from the EU and Norway, production capacity is being further increased.
KONGSBERG's investments include equipment and machinery to increase the production capacity of the new missile factory, as well as new facilities to increase the production capacity of sensor components. Additionally, investments will be made in the supply chain to secure future supplies.
KONGSBERG plans to invest a total of NOK 640 million, of which the Norwegian authorities will contribute NOK 200 million and the EU will contribute EUR 10 million.
“Support from Norwegian and European authorities will contribute to KONGSBERG's ability to further strengthen its missile production capabilities, reduce lead times and implement concrete measures to strengthen the supply chain.” Eirik Lie, Managing Director of Kongsberg Defense & Aerospace said:
of naval attack missile (NSM) It is currently used in 14 countries, 11 of which are NATO or EU countries. These new investments will strengthen already close cooperation in NSM production across European borders by further developing a more resilient missile ecosystem to ensure supply and preparedness. .
– end –
