What Happened
Norwegian Defence Company Wins Major Contract for NASAMS Systems
Belgium has signed a major deal with Norway’s Kongsberg to acquire NASAMS air-defence systems, marking a significant upgrade to its defensive capabilities. The contract, worth approximately $1.04 billion, was signed through a Dutch framework, with the Netherlands procuring on behalf of Belgium. The Belgian Air Force is the end user of the system. This development was first reported by Global Banking & Finance Review.