Astor Defence secures four year deal to supply Nammo with TNT
The contract provides for Astor Defence to supply Nammo with thousands of tons of TNT over the next four year for the production of their 155mm artillery shells.
The contract provides for Astor Defence to supply Nammo with thousands of tons of TNT over the next four year for the production of their 155mm artillery shells.
Nammo has entered into an agreement with the Norwegian Defence Materiel Agency, to significantly increase the production of artillery ammunition and missiles.
The industrial working group of Diehl Defence and Nammo (ARGE DiNa 155mm) received a large-volume order from the German Armed Forces for the production and delivery of 155mm artillery projectiles.
Nammo has reported a year of significant financial success and operational milestones for 2023. The company’s revenue surged by 23% to reach NOK 9.19 billion (EUR 799.5 million).
Nammo – current providers of solid rocket motors for AMRAAM, Sidewinder and Evolved Sea Sparrow Missile, and Raytheon signed an agreement to support the expansion of Nammo’s Perry, Florida site.
The European Commission has granted Nammo Sweden AB approximately EUR 12.2 million in support under the Act in Support for Ammunition Production (ASAP).
The Finnish defence industry has been granted EUR 32.5 million in EU funding for ramping up its ammunition production.
In a significant move responding to the ongoing conflict in Ukraine, Nammo, one of Europe’s leading artillery ammunition manufacturers, has shifted to round-the-clock production at its facility in Karlskoga, Sweden.
Norwegian government has announced an allocation of an additional two billion kroner to enhance the production capacity of its defence industry.
FMV, the Swedish Defence Materiel Administration, has signed an agreement with the ammunition manufacturer Nammo, supporting a project application within the ASAP initiative.
Finland has announced plans to double its production of artillery ammunition, with investments aimed at expanding the capacity of its defence industry totaling EUR 130 million.
Norwegian Defence Minister Bjørn Arild Gram announced the decision to join the European Support for Ammunition Production (ASAP) program, with Norway contributing approximately 190 million NOK as its membership fee. “Joining ASAP has the potential to trigger billion-kroner investments into increased production capacity within the Norwegian defense industry,” Gram stated. In a strategic move …
Norway commits NOK 690 million to bolster domestic ammunition production Read More »