Kongsberg Gruppen ASA marked December 2025 with significant milestones, such as signing its demerger plan to create Kongsberg Maritime as an independent entity and signing several high-value defence and maritime contracts highlighting their dual focus of providing defence capabilities and sustainable maritime technologies.
Plan Approved for Kongsberg Maritime Spin-Off
Kongsberg Gruppen ASA on 17 December 2025 released key details of its demerger plan, setting an extraordinary general meeting to approve it on 22 January 2026. Under this restructuring plan two publicly listed companies will emerge: Kongsberg Maritime listed on Euronext Oslo and a combined entity comprising Defense & Aerospace as well as Discovery units of Kongsberg Gruppen.
Kongsberg Maritime has experienced robust growth since 2016, tripling revenues and hiring 15,000 employees evenly distributed among segments. Kongsberg Maritime will specialize in propulsion, automation, dynamic positioning and decarbonization solutions for commercial and naval vessels with Lisa Edvardsen Haugan serving as CEO and Mette Toft Bjorgen as CFO as its leaders; trading will begin by Q2 2026.
Geir Haoy, President and CEO, stressed the need for tailored business models in light of rapidly shifting markets. Eivind Reiten, Chairman, highlighted increased competitiveness across security and sustainability megatrends - a move fully supported by Norway, holding 50% ownership.
Combat and Navigation Systems for Submarines of Type 212CD and 212A
Kongsberg Defence & Aerospace secured a NOK 3.5 billion contract to deliver ORCCA combat system elements to four German Navy and two Norwegian 212CD submarines, following Norways December announcement to purchase two additional submarines beyond those already ordered, subject to parliamentary approval.
Kongsberg signed four navigation systems worth over NOK 600 million for Germanys 212A submarine refit program, totaling 12 advanced submarines that will use Kongsbergs cutting-edge systems subsequently. Eirik Lie, President of Kongsberg Defence & Aerospace, underscored their strategic deterrence function.
Denmark Purchases National Sea Marshal System (NSM).
Denmark awarded Kongsberg its Naval Strike Missile (NSM) Coastal Defence System valued at over EUR 100 Million, joining Poland, USA, Romania and Latvia as NATO nations to adopt it. The system features advanced fire control with NSM missiles as well as launch pads.
Eirik Lie stated the acquisition would enhance Denmarks capabilities against naval threats from both the Baltic and North Seas, with Kjetil R. Myhra, EVP Defence Systems confirming its leadership in mobile coastal artillery systems; building on earlier NSM orders placed with Denmark.
Propellers for Royal Canadian Navy Destroyers
Kongsberg Maritime has won contracts from Irving Shipbuilding Inc. to provide twin fixed-pitch propellers for three River Class Destroyers under Canadas National Shipbuilding Strategy - replacing Halifax-class ships - scheduled to arrive by 2028 as part of Canada's 15 Vessel Destroyer program from 2028-2040s.
Kongsberg Maritime has built their position within this program through previous contracts involving fin stabilisers, steering gear, rudders and replenishment systems.
LARS Contract with Sea1 Offshore
Kongsberg Maritime has won an important contract to provide Launch and Recovery Systems (LARS) to Sea1 Offshore's four new offshore vessels, expanding capabilities for offshore operations.
Kongsberg stands firmly ahead of its demerger through these contracts that span both maritime defense and commercial sectors, giving the company a significant advantage over competitors. Furthermore, Kongsberg supports NATO allies as well as global decarbonization initiatives and sustains growth over time.