KONGSBERG Secures Major Air Defence Contract in Lithuania
Company Announcements

KONGSBERG Secures Major Air Defence Contract in Lithuania

Kongsberg Gruppen ASA (NSKFF) has released an update.

Kongsberg Defence & Aerospace has secured a EUR 193 million contract with Lithuania for additional NASAMS air defence systems, building on the country’s initial acquisition in 2017. This deal not only enhances Lithuania’s air defence capabilities but also reinforces its NATO partnership amid the current geopolitical climate. The NASAMS system, supporting a range of air defence missions, exemplifies KONGSBERG’s position as a provider of high-technology solutions in various global markets.

For further insights into NSKFF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskKongsberg’s Landmark Missile Deal with US Navy
TipRanks European Auto-Generated NewsdeskKongsberg Boosts Global Presence with Japanese Contract
TipRanks European Auto-Generated NewsdeskKongsberg Gruppen Enhances Employee Share Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App