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Acquisition

Norway’s Kongsberg sets $10bn revenue target for 2029

1 source · first reported 13d ago

Kongsberg Gruppen, a Norwegian defense prime, aims to reach $10 billion in annual revenue by 2029, up from $3.3 billion in 2025.

Why it matters

This revenue target indicates Kongsberg's growth ambitions in the defense industry, potentially impacting its involvement in various defense projects and contracts.

AcquisitionDoDNavy
Independent Media 1
Single-source: Independent Media

Development timeline

How this story unfolded across sources, oldest first.

  1. Naval Technology · Primary