Kongsberg Gruppen ASA Overview
Pro stress-test →Kongsberg Gruppen ASA is a Norwegian multinational company that supplies high-technology systems to customers in the merchant marine, defence, aerospace, offshore oil and gas industries, and renewable and utilities industries. The company operates globally with nearly 14,600 employees across 40 countries, leveraging over two centuries of industrial heritage from its roots as a munitions manufacturer.
Strategic Profile
Pro stress-test →The company announced plans to demerge its Kongsberg Maritime business as a separate publicly listed company, with the listing planned for Euronext Oslo Børs in April 2026. KONGSBERG reported strong growth and solid profitability in the fourth quarter, with all business areas delivering double-digit growth for the full year 2025. The strategy focuses on autonomous systems, advanced defense technologies, and digital solutions for maritime and energy sectors.
Competitive Landscape
Pro stress-test →Kongsberg competes in fragmented defense and maritime technology markets dominated by large primes like Thales, Leonardo, and Raytheon, as well as specialized competitors such as Teledyne Technologies, Oceaneering International, and Patria. The company's competitive advantage lies in specialized autonomous systems, sonar/navigation technologies, F-35 component supply, and integrated maritime solutions with deep subsea positioning expertise.
Industry Context
Kongsberg Gruppen ASA operates in Aerospace and Defense Technology.
Key facts
Founded: 1814 · Headquarters: Kongsberg, Norway · Employees: 14,600 · Revenue: $4.5B · Market cap: $29.2B