CEO's perspective: A new technology‑ and defence‑focused KONGSBERG

The first quarter of 2026 marks our first reporting period as the new technology‑ and defence‑focused KONGSBERG, and I am pleased to present a strong start to the year. During the quarter, we delivered robust order intake of NOK 27 billion, solid revenue growth and improved profitability.

06 May 2026

The company continues to strengthen its order backlog, which has now reached NOK 152 billion. In a global environment characterized by conflict and rising geopolitical tensions, KONGSBERG’s role as a critical supplier to the security of allied nations has never been more important. This is a responsibility we take very seriously.

KONGSBERG delivered revenue growth of 26 per cent in the first quarter compared with the same period in 2025. Profitability improved, supported by higher volumes and strong project execution across all divisions. The performance was particularly driven by increased revenues from large air defence and missile projects.

In January, KONGSBERG signed a contract with Poland for the delivery of an anti-drone system worth NOK 16 billion. This system is based on our remote weapon stations and is highly relevant to the global threat landscape we are experiencing. In particular, we see the need for such solutions in the ongoing conflicts in Ukraine and the Middle East. A significant portion of the deliveries will take place as early as 2027 and will be carried out in cooperation with the Polish consortium partner PGZ.

A key milestone in the quarter was the first delivery of JSM missiles to Japan, which became the missile’s first export customer back in 2019. The handover ceremony took place at Gardermoen in March and marks an important step in the rollout of JSM. In March, we were also pleased to welcome Latvia as a new nation that will use our coastal defence system, NSM CDS. This once again confirms the system’s strong position among allied nations.

Toward the end of the quarter, KONGSBERG, together with Salt Ship Design, was awarded the contract to design the new standard vessels for the Royal Norwegian Navy. This marks an important step for KONGSBERG and for the Norwegian maritime and defence industry. Ahead of this, we also won the contract to design new standard vessels for the Canadian Coast Guard, together with Salt and our local partner AMC.

2026 will be a historic and exciting year. KONGSBERG is strongly positioned for further growth, and we are experiencing recordhigh demand for our products. With a clear focus on defence and technology, we will continue to deliver more of the services and products that are important to our customers and partners. We also look forward to welcoming shareholders, investors, and other stakeholders to our Capital Markets Day in Kongsberg on 10 June.