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Financial Results Q2 2025: Increase in Revenue and Solid Profitability

<!--StartFragment --> KONGSBERG (OSE: KOG) delivers solid revenue growth of 20 per cent compared to the second quarter of 2024. All business areas increased their operating revenues compared to Q2 2024. The growth was mainly driven by higher delivery volumes for missiles and air defence from the defence segment, solutions for the newbuild market in the maritime sector and high activity related to deliveries of subsea technology. <!--EndFragment -->

CEO's perspective: Consistently navigated through changing market environments

We are experiencing strong demand for our products, delivering a 20% increase in revenues and solid profitability also in Q2. We operate in a world impacted by escalating conflicts and evolving framework conditions. For more than 210 years, KONGSBERG has navigated through changing market conditions.  Our achievements over the past year confirm our ability to develop sought-after solutions in a dynamic world.

Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group

Kongsberg Maritime has been awarded a significant contract by Samsung Heavy Industries (SHI) to supply integrated technology packages for nine new Dynamic Positioning (DP) Shuttle Tankers.

Opens maritime test bed for protecting critical infrastructure

KONGSBERG is responding to growing demand for the protection of critical maritime infrastructure with the launch of a unique test bed, the Oslofjord Critical Maritime Infrastructure Protection Test Bed in Horten, Norway.

Germany buys KONGSBERG’s Joint Strike Missiles

Kongsberg Defence & Aerospace (‘KONGSBERG’) has signed a contract worth about NOK 6.5 billion for the delivery of the Joint Strike Missile to Germany.

KONGSBERG and Thales to establish new major Defence communications joint venture in Norway

Kongsberg Defence & Aerospace (‘KONGSBERG’) and Thales have agreed to combine two of their businesses – KONGSBERG’s tactical communications unit and Thales’ crypto and secure communications business in Norway – in a joint venture designed to meet the growing connectivity needs of defence forces in Norway, NATO countries and other nations. This new company is a response to European armed forces’ call for greater interoperability, sovereignty, and the urgent need for large-scale equipment. <!--EndFragment-->

Security, defence and collaboration at the highest level

KONGSBERG was honoured to take part in this week’s official visit to Norway by French President Emmanuel Macron, hosted by Prime Minister Jonas Gahr Støre. The visit underscored the strong and growing ties between France and Norway, not only politically, but also within defence, industry and innovation. As part of the programme, KONGSBERG CEO Geir Håøy joined a round-table discussion.

Kongsberg Maritime to provide propulsion system for new Colombian Navy frigate

Kongsberg Maritime has signed a contract with Damen Naval to supply twin Controllable Pitch Propellers (CPP) and shaftlines as part of a contract with the Colombian Navy for a new frigate.

Tykoflex and Kongsberg Discovery enters strategic partnership

Tykoflex AB and Kongsberg Discovery have entered a strategic partnership to explore how Tykoflex’s proven fiber optic subsea closures can serve as a platform for integrating Kongsberg Discovery’s advanced sensor, communication, and positioning technologies. The agreement was signed in Almedalen on Gotland on June 24.

KONGSBERG and Veidekke sign contract for construction of ‘Utsikten’

Kongsberg Defence & Aerospace (KONGSBERG) and Veidekke have formalised the contract for the construction of ‘Utsikten’ – a certified environmentally friendly office building that will house thousands of employees in Kongsberg

KONGSBERG launches new satellites to complete N3X space constellation

Kongsberg Defence & Aerospace (’KONGSBERG’) has completed its N3X satellite constellation with the successful launch of two new microsatellites — ARVAKER 2 and 3 — aboard SpaceX’s Transporter-14 mission from California. The N3X satellite constellation is designed to enhance Norway’s maritime domain awareness.

KONGSBERG to develop missiles and drone boats in Ukraine

Kongsberg Defence & Aerospace (‘KONGSBERG’) has entered agreements with two major Ukrainian industry players to develop and deliver low-cost, high-volume air defence missiles and unmanned surface vessels in the country. At the same time, the company announced it is establishing a permanent office in Kyiv. (Photos: The Ukrainian Ministry of Defence)