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Germany plans to order KONGSBERG’s Joint Strike Missiles worth NOK 6.5 bn

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The German government has decided to acquire the Joint Strike Missile for its F-35 fighter jets in an agreement that is expected to be worth about NOK 6.5 billion for Kongsberg Defence & Aerospace (‘KONGSBERG’).

“We are pleased to welcome Germany as the fifth nation to select the JSM for its F-35 fleet,” said Eirik Lie, President of Kongsberg Defence & Aerospace. “The JSM’s navigation system, flight profile and automatic target recognition technology make it a great match for the F-35.”

The proposed acquisition is structured as a government-to-government sale between Norway and Germany, under the Naval Defence Material Cooperation between the two nations. According to the agreement, Norway’s Defence Material Agency (NDMA) will act as contract partner.

The government-to-government agreement for the German procurement of JSM was approved by the Bundestag on 4 June. As referenced during KONGSBERG’s Q1 reporting, negotiations are ongoing. The contract is expected to be signed by the end of the first half of 2025.

Germany will be fifth country to select the JSM alongside existing customers Norway, Japan, Australia and the US.

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Kongsberg Defence & Aerospace, a business area within KONGSBERG, develops and delivers technology and systems that protect people and critical infrastructure in countries around the world. We develop and manufacture solutions such as air defence systems, remote weapon stations, missile technology, command and control systems, communication and surveillance solutions, microsatellites, and digital remote towers for customers worldwide—strengthening national security and defence capabilities. Key customers include governments, defence organisations, and armed forces across Europe, the United States, and NATO member countries, in addition to stakeholders within the commercial aviation sector.

KONGSBERG (OSE-ticker: KOG) is an international technology group that delivers advanced, sustainable and reliable solutions that contribute to safety and efficiency in complex operations under extreme conditions. KONGSBERG collaborates with global players in the defence, energy, maritime, fisheries and aerospace industries. KONGSBERG has more than 14,000 employees in 39 countries and had total revenues of MNOK 48,872 in 2024.

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