Norway’s Kongsberg Set to Acquire California Missile Company in Strategic Move – EUROP INFO

KONGSBERG acquires Zone 5 and enters development and high-volume production of affordable missiles.

Kongsberg Defence & Aerospace (‘KONGSBERG’) has signed an agreement to acquire the California-based missile company Zone 5 Technologies LLC, which designs and produces affordable, mass producible long-range strike and anti-drone missiles. The value of the [...]

Norway’s Kongsberg Set to Acquire California Missile Company in Strategic Move – EUROP INFO

Norway’s defense technology giant Kongsberg Gruppen has announced its plans to acquire a prominent California-based missile manufacturer, signaling a strategic expansion into the U.S. defense market. The move, unveiled this week, highlights Kongsberg’s ambition to strengthen its capabilities in missile systems and reinforce transatlantic defense ties. Industry analysts note that the acquisition could reshape competitive dynamics in the defense s…