Strong Closing of an Eventful Year for Kongsberg

February 14, 2019 – KONGSBERG deliver a solid quarter across all business areas, with an EBITDA margin of 19.5 per cent for Kongsberg Defence & Aerospace (KDA) and a strong order intake of MNOK 1,853 in Kongsberg Maritime (KM). “I am very satisfied with the development in all areas of the business in Q4. KDA has reached key milestones and delivered solid project execution, explaining the very strong margin. KM has succeeded in focusing on ongoing deliveries while preparing for the integration of Rolls- Royce Commercial Marine (RRCM). KDI had…

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Norwegian collaboration on tracking and registering plastic in the oceans

The Institute of Marine Research, shipowner Torvald Klaveness, KONGSBERG and the Norwegian Shipowners’ Association have entered into a public-private partnership to develop a pilot project with the aim of mapping marine plastic and other environmental parameters vital to the health of the oceans. The partners will equip several vessels with advanced sensors to collect data for the Institute of Marine Research. Every minute, about 15 tons of plastic end up in the ocean. If this trend of marine plastic pollution continues, by 2050 there may be more plastic than fish…

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KONGSBERG strengthens its defence business

To strengthen KONGSBERG’s competitive edge in the defence market, the Group merges its two defence areas. The new business area, Kongsberg Defence & Aerospace, will further strengthen its position in a growing defence market. The merger will result in a more integrated, coordinated and strong defence unit ensuring value and growth through delivering advanced defence technology to customers and partners. The new business area will be operational from October 1st 2017. “Our solid positions within defence have over time been confirmed, and we are facing considerable opportunities in the defence…

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