Kongsberg Gruppen ASA - Company Profile
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Business Description
Kongsberg Gruppen ASA (Kongsberg) is a global knowledge-based group that supplies high-tech systems and solutions to energy, merchant, navy, defense and aerospace industries. The company’s product portfolio includes positioning, surveillance, navigation and automation systems for on and offshore merchant marine, subsea, navy and coastal marine vessels. Its major products include deck systems, engine room and automation systems, naval systems, tank gauging and measurement systems and other simulators that are widely used in the maritime and oil and gas industries.
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R&D Overview
The R&D activities of Kongsberg focus on developing advanced technology solution for domestic and international markets. It aims to develop and invest in future-oriented technology and expertise in digitization. The company intends to increase its investment for the product development and technology platform. It also carries out several R&D projects with various partners to enhance the technology platforms. The company collaborates with the independent Norwegian research institute Sintef, the Norwegian University of Science and Technology (NTNU), Sweden’s Chalmers University of Technology, the University of Oslo, the University of Southeast Norway, and other valued partners. The company participates in programs from the Research Council of Norway, the European Defence Fund, Horizon Europe, and similar organisations. In FY2024, the company incurred expenses of NOK1,948 million on innovation and product development, which as a percentage of revenue, stood at 4.8%.
Business Segments
Overview
Consists of five divisions that supply various systems and services to the defence industry. Through Integrated Defence Systems division, develops and supplies air defence systems, combat systems, sonars and navigation for marine vessels and submarines, and integrated command and control systems. The division Land Systems develops and supplies remote control weapon stations for land-based vehicles and marine vessels, to develop and supply products for military tactical communication. The division Missile Systems, develops and supplies naval strike missiles and air-to-surface missiles. Through Aerostructures & MRO division, produces and supplies advanced lightweight composite and titanium components for F-35 combat aircraft, and Maintenance, Repair & Overhaul services. Under Space & Surveillance division supplies components and services to the space industry, as well as port monitoring systems.
Performance
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Overview
Offers technology to ensure sustainable management of marine resources, monitor climate change and critical infrastructure and safeguard national security
Performance
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Overview
Consists of five divisions that supply solutions, systems, products, and services. Through division Integrated Solutions, it develops and supplies solutions and systems for bridge and control systems, and automation systems for safety, control and monitoring of processes onboard merchant and offshore vessels and cruise ships. The Propulsion & Engines division produces and supplies propellers, thrusters, water jet systems and systems for offshore maneuvering of maritime vessels. The Deck Machinery & Motion Control division produces and supplies deck equipment like winches for mooring, anchor handling and special systems for offshore vessels, tugs, marine vessels and other classes of vessels, as well as cranes. The Sensors & Robotics division supplies autonomous underwater vessels, solutions for autonomous maritime vessels, a wide variety of products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The division Global Customer, it provides services and spare parts to ships. Sold its steering and rudder business to Norvestor.
Performance
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Overview
Comprises activities of Kongsberg Digital (KDI), real property, functions and the eliminations in between the business areas. The maritime business of Kongsberg Digital had been sold to Kongsberg Maritime.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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