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Kongsberg Gruppen secures $400 million Kuwait air defense order

Created at 30 Jun · 12:44 PM1 source↑ Market-relevant
IN SHORT

Kongsberg Gruppen will supply its NASAMS air defense system to Kuwait under a $400 million contract with Raytheon, facilitated through the U.S. Foreign Military Sales program. The system aims to bolster Kuwait's protection against aerial threats.

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Key Numbers

$400 millionKongsberg Gruppen contract value for Kuwait
7,800Kongsberg Gruppen employees
32.8 billion kronerKongsberg Gruppen 2025 turnover

Who's Involved

Kongsberg Gruppen
Norwegian technology company supplying NASAMS
Kuwait
Recipient of NASAMS air defense system
Raytheon
Partner in NASAMS development and U.S. FMS program
Kjetil Reiten Myhra
President of defence systems at Kongsberg
Kongsberg Gruppen secures $400 million Kuwait air defense order

↳ Why This Matters

This contract signifies a significant sale for Kongsberg Gruppen's NASAMS system, reinforcing its global market position and contributing to Kuwait's defense infrastructure amidst regional security concerns.

Key facts

  • Kongsberg Gruppen will deliver NASAMS air defense systems to Kuwait.
  • The contract value is approximately $400 million.
  • The deal is facilitated through Raytheon and the U.S. Foreign Military Sales program.
  • NASAMS is a mobile defense system developed in cooperation with Raytheon.
  • The system is intended to protect Kuwait's population and infrastructure from air threats.

Kongsberg Gruppen has secured a contract valued at approximately $400 million to supply its Norwegian Advanced Surface-to-Air Missile System (NASAMS) to Kuwait. The deal, conducted in partnership with Raytheon through the U.S. Foreign Military Sales program, will enhance Kuwait's air defense capabilities.

The NASAMS system is a mobile defense solution designed to protect populations and infrastructure from aerial threats. Kjetil Reiten Myhra, president of defence systems at Kongsberg, highlighted that this order underscores the system's established role as a widely adopted medium-range defense solution.

Kongsberg Gruppen, which employs 7,800 individuals, reported a total turnover of 32.8 billion kroner in 2025. The contract follows a joint delivery model for the modular NASAMS technology established between Raytheon and Kongsberg.

Frequently asked questions

NASAMS (Norwegian Advanced Surface-to-Air Missile System) is a mobile air defense system developed by Kongsberg Gruppen in cooperation with Raytheon.

The FMS program is a U.S. government initiative that enables foreign countries to purchase U.S. defense equipment and services.

NASAMS is used by 15 other countries, according to data from Kongsberg's website.

What Happens Next

01Deliveries of the NASAMS system to Kuwait.

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Cadence

How It Developed

Kongsberg Gruppen will provide its NASAMS defense system to Kuwait.
The contract is worth approximately $400 million.
The deal is conducted through Raytheon and the U.S. Foreign Military Sales program.
The NASAMS system will help Kuwait protect its population and infrastructure.
Kjetil Reiten Myhra stated the order reinforces the system's position as a widely utilized medium-range defense solution.

Sources

T1
Kongsberg Gruppen signs $400 million order from Kuwait through Raytheon, US FMSReuters
T2
Kongsberg secures $400m NASAMS air defense contract for Kuwaitfilingreader.com
T2
Latest news about Kongsberg Gruppen ASA - MarketScreenermarketscreener.com
T2
Kongsberg Gruppen ASA: Target Price Consensus and Analysts ...marketscreener.com

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