Nammo has begun construction on a new munition production facility in Raufoss. This expansion will increase the company’s production capacity for artillery ammunition and rocket engines.
The project is part of a larger government initiative to strengthen domestic defense production capabilities. The Ministry of Defense has signed a 15-year agreement with Nammo worth NOK1.083 billion (approximately $98 million) to support increased production readiness.
To further bolster the defense industry, the Norwegian government has taken several significant steps. These include co-financing the EU’s ASAP program, allocating approximately NOK 3 billion ($271 million) to increase production capacity. Additionally, the government has earmarked NOK 967 million ($87 million) to strengthen Norwegian defense industries specifically.
To ensure a stable supply of critical defense equipment, long-term contracts have also been signed with key industry players, such as Kongsberg Defence and Aerospace and Nammo AS.
Additionally, Norway has committed to supporting Ukraine’s defense industry with a NOK500 million ($45 million) investment.
A military history enthusiast, Richard began his career at Forecast International as editor of the World Weapons Weekly newsletter. As the Internet became central to defense research, he helped design the company’s Forecast Intelligence Center and now coordinates the FI Market Recap newsletters for clients. He also manages two blogs: Defense & Security Monitor, which covers defense systems and international security issues, and Flight Plan, focused on commercial aviation and space systems.
For more than 30 years, Richard has authored Defense & Aerospace Companies, Volume I (North America) and Volume II (International), providing detailed data on major aerospace and defense contractors. He also edits the International Contractors service, a database tracking all companies involved in programs covered by the FI library. Richard currently serves as Manager of the Information Services Group (ISG), which develops outbound content for both Forecast International and Military Periscope.
