Kongsberg Has ‘Really Steep’ Demand for Its Missiles, CEO Says
AI Summary
Kongsberg's CEO Eirik Lie highlights a significant uptick in demand for the company's missiles, attributing this trend to increased European defense spending despite the continent still falling short of NATO's 5% GDP defense spending target. Lie's comments come ahead of the NATO summit in Ankara, underscoring the broader geopolitical push for stronger defense capabilities. This surge in demand signals a growing urgency among European nations to bolster their military readiness amid global security concerns.
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