The U.S. Air Force awarded Kongsberg Defence & Aerospace, the Norwegian company that builds the weapon, $98.4 million to produce the next batch of Joint Strike Missiles, with work taking place at Kongsberg’s factory in Norway and wrapping up by June 30, 2030. The Joint Strike Missile, known by its American designation AGM-184A, solves a […]

Norwegian defense and technology group Kongsberg posted a second quarter that outpaced its own recent growth trajectory by a wide margin, with revenue climbing 31 percent to NOK 10,389 million (roughly $1.06 billion) and operating profit jumping nearly 50 percent to NOK 1,669 million (about $171 million), as demand for its missile systems and layered […]

Germany’s DEUTZ AG, a 160-year-old engine manufacturer better known for building diesel motors than battle tanks, agreed on July 9 to buy FFG Flensburger Fahrzeugbau, one of Europe’s leading makers of armored vehicles, for €1.6 billion (roughly $1.83 billion). The deal marks the largest acquisition in the Cologne company’s history and signals a decisive break […]

The U.S. Navy awarded Norwegian defense manufacturer Kongsberg Defence and Aerospace a contract modification worth roughly $50.3 million on July 2 to buy more launcher missile modules for what the Pentagon calls its “over-the-horizon weapons system,” the hardware behind a Marine Corps program that lets troops sink enemy warships from land without ever putting a […]

Finland, Norway, and Latvia signed a Statement of Intent at the NATO Summit in Ankara, Türkiye, on July 7, committing the three nations to jointly develop and potentially jointly buy a new Finnish-designed armored vehicle built specifically to move troops across terrain that stops most tracked vehicles cold, from deep Arctic snow to open bogs […]

Canada’s navy currently has four submarines and, on a good day, exactly one of them can put to sea. That is the reality Prime Minister Mark Carney used to justify what his government is now calling the largest defense purchase in Canadian history: a submarine fleet of up to 12 vessels built by Germany’s Thyssenkrupp […]