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 at Forecast International as editor of the World Weapons Weekly newsletter. As the Internet grew in importance as a research tool, he helped design the company's Forecast Intelligence Center and currently coordinates the EMarket Alert newsletters for clients. Richard also manages social media efforts, including two new blogs: Defense & Security Monitor, covering defense systems and international issues, and Flight Plan, which focuses on commercial aviation and space systems. For over 30 years, Richard has authored the Defense & Aerospace Companies, Volume I (North America) and Volume II (International) services. The two books provide detailed data on major aerospace and defense contractors. He also edits the International Contractors service, a database that tracks all the contractors involved in the programs covered in the FI library. More recently he was appointed Manager, Information Services Group (ISG), a new unit that encompasses developing outbound content for both Forecast International and Military Periscope.
