AerospaceAug 10, 2026

Nammo AS

Company Profile Analysis

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Year Founded & Workforce

1997-12-31

2,700 Employees

Industry

Aerospace

Services

Nammo AS Overview

Company Headquarters: Norway

Founded: 1998

Workforce: 2,700+

Company Working:

Nammo AS is a 1998-founded Norwegian defense corporation headquartered in Raufoss, Norway. Nammo is an industry leader in designing and manufacturing ammunition, rocket engines, and space applications. The corporation has manufacturing facilities in the United States, Norway, Sweden, Finland, Germany, Spain, and Switzerland. Nammo offers ammunition for small arms, medium-caliber weapons, rocket motors, and artillery ammunition. In addition to its defense products, Nammo also offers solutions utilizing sophisticated aerospace technology. In 2021, Nammo AS had approximately 2500 employees globally, generating approximately 4.4 billion Norwegian Krone (NOK) in revenue. The Norwegian government and the Finnish defense corporation Patria own the company. National defense forces, law enforcement agencies, and commercial consumers are Nammo's primary customers. The company's mission is to create innovative solutions that improve the efficiency and safety of its clients.

Strategy

The company invests heavily in research and development to introduce new and innovative products. Nammo AS has its own research and development center in Raufoss, Norway, where novel technologies for the defense and aerospace industries are developed.

Nammo AS has a global presence with enterprises in over 12 countries, demonstrating its expansion abroad. The company intends to expand its international presence by forming alliances and opening new facilities worldwide. Nammo AS opened a new manufacturing plant in India in 2020 to service the Indian defense market.

Company Snapshot

$4,764M

Revenue

2,700

Employees

1997-12-31

Founded

Norway

Headquarters

SWOT Analysis

Strengths

Strong product portfolio and technical expertise in the production of ammunition and rocket engines.
Diversified customer base, serving both military and commercial clients

Weaknesses

Dependence on a few key customers for a significant portion of revenue
High capital expenditures required for research and development, which may impact short-term profitability

Opportunities

Increasing demand for ammunition and rocket engines in the global defense industry.
Growing interest in space exploration and satellite launches, creating new opportunities for Nammo's rocket engine division

Threats

Intense competition from larger, well-established industry players.
Political and economic instability in key markets, which could impact demand for Nammo's products.

Key Developments

Date	Approach	Development
March-2023	Contract	Nammo Lapua will supply Finland with additional 155mm ammunition pieces.
January-2023	Contract	Nammo Awarded a Contract Worth $260 Million to Increase Norwegian Ammunition Production
January-2023	Material Development	Nammo invests and expands its artillery ammunition production capacity.

Product Offering

Nammo AS
- Ammunition Market

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Nammo AS as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Nammo AS

Company Headquarters: Norway Founded: 1998 Workforce: 2,700+ Company Working: Nammo AS is a 1998-founded Norwegian defense corporation headquartered in Raufoss, Norway. Nammo is an industry leader in designing and manufacturing ammunition, rocket engines, and space applications. The corporation has manufacturing facilities in the United States, Norway, Sweden, Finland, Germany, Spain, and Switzerland. Nammo offers ammunition for small arms, medium-caliber weapons, rocket motors, and artillery ammunition. In addition to its defense products, Nammo also offers solutions utilizing sophisticated aerospace technology. In 2021, Nammo AS had approximately 2500 employees globally, generating approximately 4.4 billion Norwegian Krone (NOK) in revenue. The Norwegian government and the Finnish defense corporation Patria own the company. National defense forces, law enforcement agencies, and commercial consumers are Nammo's primary customers. The company's mission is to create innovative solutions that improve the efficiency and safety of its clients.

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