Kongsberg Buys 49.9% Of Patria

LONDON – Norwegian defense firm Kongsberg has purchased the minority stake in its Finnish counterpart Patria, consolidating a chunk of the Scandinavian defense industry. The deal, announced March 17, is worth €270 million ($304 million). The Finnish government is selling 49.9% of its holdings in the...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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