Kongsberg third-quarter orders rise, boosted by higher military spending in Europe
Kongsberg third-quarter orders rise, boosted by higher military spending in Europe
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Kongsberg third-quarter orders rise, boosted by higher military spending in Europe

🕒︎ 2025-10-30

Copyright Reuters

Kongsberg third-quarter orders rise, boosted by higher military spending in Europe

Kongsberg, which has customers in defence, aerospace, maritime, energy and fishing industries, said its quarterly orders rose 30% from a year earlier to 16.89 billion Norwegian crowns ($1.68 billion), mainly driven by the defence and aerospace business. Sign up here. "Order intake remains robust from both defence and civilian customers," chief executive Geir Haoy said in a statement. ($1 = 10.0431 Norwegian crowns) Reporting by Marta Frąckowiak in Gdansk; editing by Milla Nissi-Prussak and Matt Scuffham

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