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Kongsberg Gruppen ASA: Overview

Kongsberg Gruppen ASA (Kongsberg) is a supplier of advanced technology products, systems and solutions to customers in the maritime, oil and gas, fisheries, defence and aerospace sectors. The company’s product portfolio includes positioning, navigation, automation and handling systems, software and digital solutions and systems related command and control, weapons guidance, surveillance, and communications solutions. Kongsberg also offers products and systems to the seabed surveying and monitoring and fishing vessels and fisheries research. It operates its business through a network of subsidiaries worldwide. The company has business presence in Europe, North America, South America, Norway, Australia, Africa, and Asia. Kongsberg is headquartered in Kongsberg, Norway.

Headquarters Norway

Address Kirkegardsveien 45, Kongsberg, 3616


Telephone 47 32 288200

No of Employees 11,766

Industry Aerospace and Defense

Ticker Symbol & Exchange KOG (OSL)

Revenue (2021) $3.2B 7.2% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -25.3% (2021 vs 2020)

Market Cap* $7.2B

Net Profit Margin (2021) XXX -30.3% (2021 vs 2020)

* As of and is in US$

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IT Services Contracts

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ICT Spend & Tech Priorities

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Products and Services

Products Services
Kongsberg Maritime: Ship Refit / Retrofit / Conversions
Bridge Systems Engineering and Services
Camera Systems
XXX
XXX
XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In November, Kongsberg Defence & Aerospace (KONGSBERG) and Lockheed Martin signed a contract for KONGSBERG’s support of the delivery of the TPY-4 radar to Norway for the Norwegian Radar Sensor (NORSE) Project.
2022 Contracts/Agreements In November, Kongsberg Defence and Aerospace entered into a memorandum of agreement with Thales UK to collaborate on the Protector Remote Weapon Systems programme.
2022 Contracts/Agreements In November, the company’s subsidiary Kongsberg Digital entered into a partnership agreement with Propulsion Analytics to add Engine Hyper Cube and VesselQuad applications to its online secure marketplace.
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Competitor Comparison

Key Parameters Kongsberg Gruppen ASA Lockheed Martin Corp Northrop Grumman Corp Safran SA Aptiv Plc
Headquarters Norway United States of America United States of America France Ireland
City Kongsberg Bethesda Falls Church Paris Dublin
State/Province - Maryland Virginia - -
No. of Employees 11,766 114,000 88,000 76,765 155,000
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Eivind Reiten Chairman Executive Board 2017 68
Anne-Grethe Strom Erichsen Deputy Chairman Executive Board - 71
Geir Haoy Chief Executive Officer; President Senior Management - 56
Gyrid Skalleberg Ingero Chief Financial Officer; Executive Vice President Senior Management 2017 54
Hege Skryseth Executive Vice President - KONGSBERG; President - Kongsberg Digital Senior Management 2013 55
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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