30 Jun 2025 16:00 CEST

Issuer

Kongsberg Gruppen ASA

Kongsberg Defence & Aerospace (KONGSBERG) has signed a contract worth about NOK
6.5 billion for the delivery of the Joint Strike Missile to Germany.

On 5 June 2025, KONGSBERG announced that Germany had selected the JSM for its
F-35 fighter jets, while contract negotiations were ongoing. The contract
between the parties has now been signed.

“We are pleased to welcome Germany as the fifth country to select the JSM. The
acquisition confirms the missile’s position as the natural partner to the F-35
and further strengthens the already strong bonds between KONGSBERG and German
industry on a range of projects, including missiles, submarines and weapon
stations,” said Øyvind Kolset, Executive Vice President, missiles and space, at
Kongsberg Defence & Aerospace.

The acquisition is structured as a government-to-government sale between Norway
and Germany, with Norway’s Defence Material Agency (NDMA) acting as contract
partner. Germany is the fifth country to select the JSM alongside existing
customers Norway, Japan, Australia and the US.

KONGSBERG (OSE ticker: KOG) is an international knowledge-based group that
supplies high-technology systems and solutions to customers in a wide range of
markets such as defence, security, maritime, energy, aerospace, climate mapping
and subsea technology. KONGSBERG has more than 14 600 employees in more than 40
countries and has a total revenue of NOK 48.9 billion in 2024.


Source

Kongsberg Gruppen ASA

Provider

Oslo Børs Newspoint

Company Name

Kongsberg Gruppen ASA 16/26 3,20%, Kongsberg Gruppen ASA 21/26 FRN, Kongsberg Gruppen ASA 23/30 4,85%, KONGSBERG GRUPPEN

ISIN

NO0010766512, NO0010940422, NO0012928227, NO0013536151

Symbol

KOG

Market

Euronext Oslo Børs