Reuters
10 Jun 2026, 05:31 UTC · 3h ago
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Kongsberg has completed the acquisition of U.S.-based Zone 5 Technologies. — Expansion into the U.S. market and acquisition of specialized missile technology enhances the company's growth profile and competitive positioning.
+0.40Zone 5 Technologies develops low-cost, mass-producible missile systems aligned with U.S. Air Force 'affordable mass munitions' goals. — Direct alignment with specific U.S. military procurement priorities increases the likelihood of future government contracts and revenue streams.
+0.30Which stocks this story touches
The company expanded its capabilities and portfolio through the strategic acquisition of Zone 5 Technologies.
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