Thales, Kongsberg Sign Agreement for Norway NATO Communications JV

French defense manufacturer Thales and Norwegian company Kongsberg Defence & Aerospace have formed a 50/50 joint venture in Norway to combine their secure communications businesses. This new entity aims to meet the increasing connectivity and interoperability needs of Norway, NATO members, and allied nations by integrating Thales' cryptographic networks and voice communication systems with Kongsberg's tactical radios and networking technologies. The joint venture, employing approximately 350 personnel across Oslo, Trondheim, and Asker, is projected to grow from combined revenues of NOK 1.5 billion to NOK 3 billion by 2030, driven by substantial market opportunities and product synergies. The partnership addresses European armed forces’ calls for enhanced sovereignty, faster large-scale equipment delivery, and stronger defense communication capabilities. It also supports NATO's broader goals of interoperability highlighted during recent exercises and aligns with increased defense spending commitments announced at the 2025 NATO Summit. The venture is expected to bolster both companies' positions in domestic and export markets while advancing future defense communication technologies.