In response to rising global tensions and increased demand for defense capabilities, Norwegian defense company Kongsberg has inaugurated a new missile factory in Norway. The $61 million facility in Kongsberg town will produce the company’s Naval Strike Missile (NSM) and Joint Strike Missile (JSM).
Kongsberg CEO Geir Haoy emphasized the importance of strengthening defense capabilities amidst current geopolitical challenges. With countries investing more in defense, the demand for advanced missile technology is on the rise.
The new factory reflects the heightened need for air defense systems and other weapons. The NSM and JSM are crucial assets deployed by multiple countries, showcasing the global significance of Kongsberg’s technology.
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