Norway’s defense technology giant Kongsberg Gruppen has announced its plans to acquire a prominent California-based missile manufacturer, signaling a strategic expansion into the U.S. defense market. The move, unveiled this week, highlights Kongsberg’s ambition to strengthen its capabilities in missile systems and reinforce transatlantic defense ties. Industry analysts note that the acquisition could reshape competitive dynamics in the defense sector, as European firms seek closer collaboration with American counterparts amid evolving global security challenges.
Kongsberg Expands Global Footprint with Strategic Acquisition of California Missile Company
In a bold move to enhance its position in the global defense sector, Norway’s Kongsberg Gruppen has announced the acquisition of a prominent missile technology firm based in California. This strategic purchase is set to significantly strengthen Kongsberg’s presence in the competitive North American market, offering access…
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Author : Caleb Wilson
Publish date : 2025-12-20 14:11:00
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