Wars Filling Norwegian Order Books

The U.S. military is ordering more and more products from the Norwegian company Kongsberg Gruppen, newspaper Dagens Næringsliv reports.

“The frame of the eight billion is utilized fully, and the U.S. Army has increased the scope further that can give orders  for between three and four billion kroner.”

Walter Qvam


“We started 2010 with a nearly 20 billion order backlog. We now expects to increase staffing in the group as a whole,” President and CEO of Kongsberg Gruppen Walter Qvam says to the newspaper.

Last year more military provider operating income by almost 25 percent.

The U.S. military uses the Norwegian products to warfare in both Iraq and Afghanistan.

A framework agreement with the Americans from 2007 of eight billion for the purchase of remote-controlled weapons stations in the vehicle, has become a pure order, writes DN.

“The frame of the eight billion is utilized fully, and the U.S. Army has increased the scope further that can give the order for between three and four billion,” Qvam says.

Source: DN.no

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