Sweden’s Saab and Norway’s Kongsberg posted record sales growth in 2024, driven by increased European defense spending amid heightened security concerns following Russia’s invasion of Ukraine. Saab’s orders rose 24% to 96.8 billion kronor ($8.9 billion), fueled by Gripen fighter jet deals and air defense contracts. Kongsberg reported a 44% jump to 54.4 billion kroner ($4.85 billion), boosted by a major U.S. Navy missile order. With European defense budgets projected to reach a record €326 billion in 2024, both companies anticipate continued expansion. Saab and Kongsberg are focusing on securing NATO contracts and expanding global production capabilities to meet growing demand.
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- 03/12/2024
- 0
Norway’s defense ministry announced plans to deploy F-35 fighter jets and NASAMS air defense systems to Poland’s Rzeszow airport, a key logistics hub for military aid to Ukraine. Starting in early December, Norway will also send around 100 soldiers to safeguard the airspace above the airport. Defence Minister Bjoern Arild Gram emphasized Poland’s critical role in supporting Ukraine, ensuring aid reaches its destination. This deployment underscores Norway’s commitment to bolstering Ukraine’s defense capabilities amid ongoing conflict. The initiative highlights international collaboration to maintain the flow of military support to Ukraine. Original news
Norway Receives Three More F-35 Jets, Total Now at 49
- Veiko Lukmann
- 04/03/2025
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Lithuania Signs Deals With Saab, Kongsberg For MSHORAD, NASAMS, Air Defense Systems
- Veiko Lukmann
- 07/10/2024
- 0
Lithuania has placed a second order with Saab for Mobile Short-Range Air Defence (MSHORAD) systems, valued at SEK 1.2 billion, with deliveries expected between 2026 and 2029. The country had previously placed an order in July, worth SEK 1.3 billion, with deliveries starting next year. Lithuania is also strengthening its air defense by acquiring additional National Advanced Surface-to-Air Missile System (NASAMS) units from Kongsberg, with a €193 million contract for upgrades and new systems. These efforts are part of a broader modernization of Lithuania’s air defense in response to regional security concerns. The contracts follow similar moves by other countries […]