KOG Kongsberg Gruppen ASA

309.10NOK+0.36%Mkt Cap: 25.42B $P/E: 45.39

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the defense markets. It operates through Kongsberg Defence & Aerospace, Kongsberg Discovery, and O…

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3 European Defense Stocks Investors Are Watching As NATO Risk Rises

Geopolitical risk in Europe has moved from background noise to front page, with Danish intelligence now flagging the possibility of a limited Russian strike on a NATO state within months. That kind of warning can jolt capital out of some areas and into others very quickly. This article walks through three stocks exposed to this news, all drawn from our Western Defense and Security Stocks screener, and explores how investors might think about them now. The three stocks below are just a...

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Oceaneering International (OII) Joins Kongsberg On U.S. Navy XLUUV Program

Oceaneering International (NYSE:OII) and Kongsberg Gruppen ASA have been jointly selected by the U.S. Department of Defense’s Defense Innovation Unit. The partnership will develop an Extra Large Uncrewed Undersea Vehicle, or XLUUV, for the Combat Autonomous Maritime Platform program. The award places Oceaneering International in a central role within a high-profile autonomous undersea defense initiative. Oceaneering International, known for its subsea engineering and underwater services,...

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