Kongsberg Q3 Order Intake Jumps 145% to NOK 23.3 Billion
Kongsberg Gruppen said third-quarter order intake rose 145% to 23.3 billion Norwegian crowns, driven by demand for missiles, air defence systems and weapon stations.
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06:20:36 AM UTC
SquawkNews
CORRECTED-KONGSBERG GRUPPEN - STRONG ORDER INTAKE NOK 23.3 BLN (NOT NOK 8.3 BLN) IN Q3 (CORRECTS NUM
Norwegian defence and technology company Kongsberg Gruppen OSL:KOG reported a 145% jump in third-quarter order intake on Thursday, driven by strong demand for missiles, air defence systems and weapon stations.Orders rose to 23.3 billion Norwegian crowns ($2.52 billion), the company said.($1 = 9.246…