Kongsberg Gruppen (KOG) Company presentation summary

Strategic positioning and market trends

• Recognized as a technology leader in advanced defence, research, and commercial solutions, with a global presence in 16 countries and customers in 30 countries.

• Offers integrated, mission-critical capabilities across subsea, surface, air, and space domains.

• Well-positioned to benefit from rising global defence spending, especially in Europe and Asia Pacific, driven by geopolitical tensions and NATO targets.

• Focuses on rapid innovation, dual-use technologies, and cost efficiency to meet high demand for modern solutions.

• Product development emphasizes full-spectrum air defence, high-volume strike missiles, underwater autonomy, and space-based defence.

Financial performance and outlook

• Forecasts NOK 33bn in 2025 revenue and NOK 4.9bn EBIT, with an order backlog of NOK 138bn.

• Achieved strong revenue and EBIT margin growth, with a 14% CAGR in revenue and 15% EBIT margin.

• All divisions show resilient margins and robust backlog growth, supporting continued profitable expansion.

• Majority of sales (~80%) are generated outside Norway, reflecting a strong international footprint.

• Joint ventures and partnerships contribute significantly to revenue and innovation capacity.

Business segments and product leadership

• Operates through three divisions: Defence Systems, Missiles & Aerostructures, and Discovery, each with distinct market-leading offerings.

• Defence Systems: World-leading air defence (NASAMS), remote weapon systems (~80% global share), and submarine combat systems.

• Missiles & Aerostructures: Premier supplier of anti-ship and strike missiles (NSM, JSM, 3SM) and sole-source supplier of F-35 composite components.

• Discovery: Leading in deep water AUVs, satellite technology, and integrated ocean-space surveillance solutions.

• Extensive use of joint ventures with global partners to enhance product range and market access.