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Kongsberg Sees Q1 Orders Double Amid US Expansion Plans

May 7, 2026

2 min read

Key Takeaways

Kongsberg's Q1 orders more than doubled to 27 billion NOK.
Sales increased by over half compared to Q1 last year.
Counter-drone technologies and weapon systems drove order growth.
Company eyes US expansion, including acquisition of Zone 5.

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Strategic Implications

Kongsberg's growth may signal increased demand for counter-drone solutions globally, which could benefit the company's expansion plans in the US. The partnership with Lockheed Martin suggests a strengthening of ties between European and US defense industries, which may indicate future collaborative opportunities.

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What Happened

Norwegian Manufacturer Eyes Growth In Counter-Drone Technologies

Norwegian manufacturer Kongsberg has reported a significant increase in Q1 orders, with a total value of 27 billion NOK, driven by deals for counter-drone technologies and weapon systems. The company is also setting its sights on US growth, with plans to acquire California-based Zone 5, a low-cost missile producer. Kongsberg’s revenues for the quarter were up 26 percent, with an order backlog jump of 17 billion NOK. The company’s expansion plans in the US may be boosted by its recent agreement with Lockheed Martin for F-35 fighter jet components. This development was first reported by Breaking Defense.

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