TipRanks

Notifications

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.

Tags: , ,
TipRanks European Auto-Generated Newsdesk
Tipranks Auto-Generated Newsdesk is driven by TipRanks’ Financial Accountability Engine, which brings transparency and accountability to the financial markets. We level the playing field for retail investors, delivering all the news that publicly traded companies release. Our advanced AI scans company announcements, translating complex ideas into easily understandable articles, then sends the articles for editorial review. For any questions or comments, please write to support@tipranks.com.