Weakened Krone Hurting Norwegian Defense Equipment Modernization

P-8A
Credit: USN
The Norwegian government is injecting an additional 206 million Norwegian krone ($20 million) into defense equipment programs to address the country’s weakening currency. With a large proportion of the Norwegian armed forces procurement being paid for in U.S. dollars and euros, defense officials say...
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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