Norwegian defense manufacturer Kongsberg Gruppen opened a new missile #factory to meet surging demand for weapons.
#NATO allies are racing to increase their own production of weapons, ammunition and missiles, partly to supply Ukraine but also to replenish stocks.
The #NSM is currently used by 14 countries, 11 of which are in NATO or the EU, said Kongsberg.
#Norway
#NATO allies are racing to increase their own production of weapons, ammunition and missiles, partly to supply Ukraine but also to replenish stocks.
The #NSM is currently used by 14 countries, 11 of which are in NATO or the EU, said Kongsberg.
#Norway
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NewsTranscript
00:00We are in a situation where most Western countries have donated substantially from their own
00:25stocks and need to replenish.
00:27It is critical that the Western defence industry is expanding their capacity in order to serve
00:36that growing market.
00:37We see going forward that many nations are now increasing their defence budgets, so we
00:43expect this to be a long-term increase in spending and also an increased demand for
00:47our missile systems.