- Business
- Kongsberg Gruppen ASA (KOG.OL) is a Norwegian multinational technology company that develops and supplies high-technology systems and solutions to customers in the defence, maritime, energy, fisheries, aerospace, and renewables industries. The company operates through four primary business areas: Kongsberg Maritime, which provides positioning, navigation, automation, dynamic positioning, monitoring, process automation, satellite navigation, hydro-acoustics, seabed surveying, and subsea systems for merchant vessels, offshore installations, subsea, fishery, and cargo segments including bulkers, carriers, containers, LNG carriers, and tankers; Kongsberg Defence & Aerospace, which delivers command and control systems, weapons control, tactical communications, missiles such as Naval Strike Missile and Joint Strike Missile, surveillance, reconnaissance, advanced composites, remote weapon stations like Protector RWS, and air defence systems including NASAMS; Kongsberg Discovery, which offers advanced sensor technologies for underwater detection, monitoring, and interpretation; and Kongsberg Digital, which supplies digital solutions including simulation, digital twins, data analysis, K-Sim, K-Spice, Kognifai, and services for oil and gas, maritime, renewables, and utilities. Kongsberg Gruppen ASA serves global markets with operations in nearly 40 countries, primarily in Europe, North America, Asia, Australia, and Africa, targeting governments, navies, shipping companies, offshore operators, and energy firms; the company was founded in 1814 as Kongsberg Våpenfabrikk and is headquartered in Kongsberg, Norway, with the Norwegian state holding a 50.004% ownership stake. Recent major developments include the proposed demerger and stock exchange listing of Kongsberg Maritime as a separate maritime technology company on the Oslo Stock Exchange, with Kongsberg Defence & Aerospace and Kongsberg Discovery consolidating into a focused technology and defence entity, announced alongside robust Q3 2025 financial results showing strong growth, a record order backlog of NOK 112.9 billion, and investments in production capacity; in June 2025, Kongsberg Discovery acquired core technologies from Argeo's bankruptcy estate, including electromagnetic sensors Argeo Whisper, Argeo Listen, and Argeo Scope, to enhance underwater environment detection capabilities; additionally, Kongsberg Defence & Aerospace signed a cooperation agreement with thyssenkrupp Marine Systems in June 2025 to bolster industrial collaboration on frigates and submarines for Norway, Germany, and allied nations, while securing contracts for NASAMS air defence systems and unmanned surface vessels.