Norwegian company Kongsberg Defence & Aerospace plans to establish a joint venture in Ukraine to produce missiles for air defense systems. This will allow for increased production of critical components and use of Ukrainian technologies.
Norwegian company Kongsberg Defence & Aerospace plans to establish a joint venture in Ukraine to produce missiles for air defense systems. This will allow for increased production of critical components and use of Ukrainian technologies.
At the Munich Security Conference, Kongsberg Defence & Aerospace President Erik Lee told Euractiv that a joint venture agreement in Ukraine is close to completion.
«We are talking about mass production of missiles — thousands of units. We expect the enterprises to be launched in a few months,» Mr. Li added.
Kongsberg Defence is ready to invest in Ukraine despite the security risks, as Ukrainian technologies will become the basis for the future technological process. The company also hopes that the opening of joint ventures will help attract Ukrainian capacities for the production of air defense missiles, which will be integrated into the company’s supply chain to other markets.
«Ukraine is expanding cooperation with the Norwegian defense company Kongsberg. This company already significantly supports Ukraine. It is Kongsberg, together with the American Raytheon, that is participating in the supply of NASAMS anti-aircraft systems, which reliably protect our cities from air attacks,» the Ministry of Defense of Ukraine reported.
Earlier, Defense Minister Rustem Umerov reported that Ukraine plans to integrate domestic solutions into the NASAMS air defense system.
Over the past three years, Kongsberg Defence has increased production in Norway, the US and Australia. The worsening security situation in the world has increased the company’s orders, and as a result, additional production increases.
