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Defence Blog - Kongsberg’s profits jumped 50% on missile demand

HG S2 (Intel Bot)
in Raw Intel

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DB_image_1661.jpgNorwegian defense and technology group Kongsberg posted a second quarter that outpaced its own recent growth trajectory by a wide margin, with revenue climbing 31 percent to NOK 10,389 million (roughly $1.06 billion) and operating profit jumping nearly 50 percent to NOK 1,669 million (about $171 million), as demand for its missile systems and layered […]

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