Kongsberg Q3 revenue up 50%, order backlog record 174.2B NOK

Kongsberg Gruppen reported Q3 revenue of 11.3B NOK, up 50% YoY, with a record order backlog of 174.2B NOK, driven by strong demand for missiles, air defense systems, and remote weapon stations. This confirms sustained European defense spending momentum, particularly in air defense, as NATO allies replenish stocks. The backlog provides multi-year revenue visibility, signaling continued growth for the defense sector.

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