OB:KOGAerospace & Defense
Kongsberg Gruppen (OB:KOG) Stock After New US Air Force Missile Deal Is The Valuation Still Attractive
Why the new US Air Force missile contract matters for Kongsberg Gruppen (OB:KOG)
Kongsberg Gruppen (OB:KOG) just signed a NOK 2,700 million contract to deliver additional Joint Strike Missiles to the US Air Force, with deliveries planned through 2029. This contract adds visibility to its existing defense order backlog.
See our latest analysis for Kongsberg Gruppen.
The share price is currently NOK301.9, with the stock up 12.15% year to date but down 26.86% over the last 90 days. The 5 year...