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.
