Kongsberg Invests Billions in City of Kongsberg
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This news is classified in: Defense Missiles / Rockets

Dec 21, 2022

Kongsberg Invests Billions in City of Kongsberg

Kongsberg Defence & Aerospace (KONGSBERG) to build a new facility for missile production located at Arsenalet campus in Kongsberg, Norway.

“This investment reflects an important achievement for our missile business. We have grown significantly in recent years and our order backlog is at a record high. The new facility will house some of the best technology Norway has to offer and will strengthen long-term value creation, competitiveness and development of high-tech industrial jobs in Kongsberg,” says Eirik Lie, President of Kongsberg Defence & Aerospace.

The new 25.000 square meter facility will be completed during the summer of 2024. The building will connect to the existing facilities on campus to enable inter-divisional interaction and greater efficiencies.DM building.pngSince KONGSBERG’s original production facility opened in 2007, the industrial area at the campus has been expanded several times. When the new facility is completed in 2024, the campus will consist of a total of 75.000 square meters of production- and development space. The total investments within the Arsenalet campus amount to approximately 3 billion NOK and will house an estimated 1.200 employees.

Missile Defense System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

Missile Defense System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F

By Range (Less than 100Km, 101-200Km, and 201-400Km), By Threat Type (Subsonic Missiles, Supersonic Missiles, and Hypersonic Missiles), By Domain (Ground and Marine), By Region, Competition, 2019-2029F

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“This new building emphasizes our continuous focus on the long-term industrial development of Kongsberg. I am looking forward to starting the construction process and within a fairly short time, being able to welcome our team members to their new facility. They will all be part of a busy and exciting campus that develops and produces world-leading products for Norwegian and international customers,” concludes Lie.