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NORBIT Secures NOK 120 Million Manufacturing Contract for Defence Sector

Oct 20, 20258 months ago

Contract Type

contract

TrondheimManufacturingmaritime

Description

NORBIT has announced a new manufacturing contract valued at approximately NOK 120 million from an undisclosed European client in the defence and security sector. Deliveries are expected in late 2025 and early 2026, following a previous contract for NOK 100 million.

Company Information

Company

Undisclosed Oceans-related technology company

Location

1 Stiklestadveien

Trondheim, Trøndelag, Norway

About

The target company specializes in tailored sensors for underwater vehicles. It has reported significant growth and is anticipated to generate around NOK 100 million in revenues in 2026. The company is well-positioned to benefit from growing demand driven by defense and security applications. Its positive synergies are expected from combining efforts with NORBIT.

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