Kongsberg Gruppen ASA
KBGGY·OTC·Unknown·CIK 0001535759
Kongsberg Gruppen ASA provides high-tech systems and solutions primarily to customers in the defense markets. The company operates through three segments: Kongsberg Defence & Aerospace, Kongsberg Discovery, and Other. The Kongsberg Defence & Aerospace segment supplies various systems and services to the defense industry, including air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems. This segment also provides remote control weapon stations for land-based vehicles and marine vessels, remote tower solutions for airports, products for military tactical communication, naval strike and air-to-surface missiles, and components and services to the space industry, alongside port monitoring systems. Additionally, it offers lightweight composite and titanium components for F-35 combat aircraft, and maintenance and lifecycle services for military and civil capabilities. The Kongsberg Discovery segment focuses on subsea positioning and communication technologies, sustainable management technologies, and technologies that provide information about position, speed, acceleration, and heading. This segment also delivers uncrewed platforms, including autonomous underwater and surface vessels, for research, defense, and commercial use. The Other segment concentrates on digitalization within the oil and gas and renewable energy markets. Kongsberg Gruppen ASA operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. The company utilizes direct sales, partnerships and alliances, and online platforms for distribution. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.