Kongsberg Q3 Orders Surge 145 Percent on Defence Demand
Norwegian defence firm Kongsberg Gruppen reported a 145 percent jump in third quarter order intake to 23.3 billion crowns. Record order backlogs and higher European defence spending support the company growth outlook.
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KONGSBERG GRUPPEN ASA posted a 145% increase in third-quarter order intake, reaching 23.3 billion Norwegian crowns ($2.52B) on Thursday morning.
