Stock Markets June 30, 2026 08:48 AM

Kongsberg Secures About $400 Million NASAMS Order for Kuwait via U.S. FMS and Raytheon

Norwegian firm to supply advanced surface-to-air missile system as Kuwait contends with recent regional strikes

By Marcus Reed
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Kongsberg Gruppen said it has been awarded an order valued at roughly $400 million to supply the Norwegian Advanced Surface-to-Air Missile System (NASAMS) to Kuwait. The transaction is being carried out in cooperation with Raytheon under the U.S. Foreign Military Sales programme. The move comes after recent missile and drone strikes on Kuwait and follows broader international adoption of NASAMS by other nations.

Kongsberg Secures About $400 Million NASAMS Order for Kuwait via U.S. FMS and Raytheon
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Key Points

  • Kongsberg secured a contract worth about $400 million to deliver NASAMS to Kuwait through Raytheon under the U.S. Foreign Military Sales programme.
  • NASAMS is a mobile surface-to-air missile system developed in cooperation with Raytheon and is intended to protect populations and infrastructure from aerial threats.
  • The sale follows recent missile and drone strikes on Kuwait; NASAMS is already operated by 15 other countries, indicating existing international adoption.

GDANSK, June 30 - Kongsberg Gruppen announced on Tuesday that it will deliver its Norwegian Advanced Surface-to-Air Missile System (NASAMS) to Kuwait under a contract executed with Raytheon through the U.S. Foreign Military Sales (FMS) mechanism. The company said the agreement is worth around $400 million to Kongsberg and covers deliveries of the mobile air-defence system.

Naturally developed in cooperation with Raytheon, NASAMS is designed as a mobile defence solution to protect populations and critical infrastructure from aerial threats, Kongsberg said. The company highlighted that the system is already in service with 15 other countries, according to information on its website.

The announcement comes amid heightened tensions in the region. Last week, Kuwait experienced missile and drone strikes that the Islamic Revolutionary Guard Corps said were launched in retaliation for U.S. strikes against Iran. Kongsberg did not disclose a delivery schedule or additional contractual specifics in its statement.

From a commercial standpoint, the sale represents a material order for Kongsberg and underscores continued international demand for NASAMS as a point-defence capability. The transaction is being routed through the U.S. FMS programme and involves coordination with Raytheon, reflecting the collaborative development history of the system.

While Kongsberg emphasized the defensive role of NASAMS in shielding civilian populations and infrastructure from airborne threats, limited details were provided on the contract timetable or the scope of logistical support that will accompany the deliveries. The company also noted the platform's broader international footprint by referencing its use in 15 other countries.


Context and implications

The order is presented as a direct procurement under established international sale procedures, leveraging the FMS channel. For defence manufacturers and supply-chain participants, such contracts typically require coordination across production, integration with partner firms, and end-user training, though Kongsberg's release did not enumerate those components.

Given the recent security incidents in Kuwait, the acquisition of a mobile surface-to-air capability aligns with stated objectives to enhance protection of population centers and critical infrastructure.

Risks

  • Regional security tensions - recent missile and drone strikes on Kuwait underscore ongoing instability that may affect operational needs and priorities in the defence sector.
  • Limited contractual detail - the announcement did not include a delivery timeline or specifics about logistical support, creating uncertainty for suppliers and planners in the defence manufacturing and logistics sectors.
  • Political and programme dependencies - the deal is routed through the U.S. Foreign Military Sales programme and involves coordination with Raytheon, which introduces dependencies on intergovernmental approvals and partner coordination.

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