WASHINGTON – Kongsberg Gruppen ASA says its Naval Strike Missile (NSM) and a sister missile developed to go into the bomb bay of the F-35 fighter jet could generate billions of dollars of new revenues for the Norwegian company in coming years.Walter Qvam, president and chief executive of Kongsberg, told Reuters that Russian aggression in Ukraine was seen as a”serious new situation” in Europe, and was already starting to drive European defence spending higher. Kongsberg was seeing higher demand for its air-defence system, he said.Kongsberg, which is celebrating its 200th anniversary this year, is trying to pump up its defence …read more
Source: AsiaOne
