Kongsberg and Thales form defence communications joint venture
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2025
0mins
Source: Reuters
Joint Venture Announcement: Norway's Kongsberg Gruppen and France's Thales are forming a joint venture in Norway to merge their defence communications businesses, aiming to enhance interoperability and meet the growing connectivity needs of European defence forces.
Company Details: The new entity will be equally owned by both companies, employing approximately 350 people, and will leverage Kongsberg's secure communications and Thales' crypto expertise to develop advanced technologies for armed forces.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
