Norwegian missile maker Kongsberg said the backlog of its defense and aerospace business has almost doubled over the past year, driven by demand for its Nasams air defense system.
The Bundestag budget committee has given the green light to funding the new Supersonic Strike Missile—known as 3SM Tyrfing—and acquiring at least two satcoms.
Norway is to spend an extra 600 billion krone ($56 billion) on defense over the next 12 years, building up a stronger navy and ground-based air defenses.
European Union and national government investments in Norway’s missile and ammunition industries are being focused on building increased production capacity.
