|Bid||124.90 x 72900|
|Ask||125.40 x 36800|
|Day's Range||124.70 - 126.20|
|52 Week Range||105.80 - 177.23|
|Beta (3Y Monthly)||0.50|
|PE Ratio (TTM)||22.45|
|Earnings Date||May 9, 2019|
|Forward Dividend & Yield||2.50 (1.91%)|
|1y Target Est||162.00|
Finance Minister Olaf Scholz's budget plan calls for German defence spending of 1.23 percent of economic output in 2023, undercutting Berlin's pledge to spend 1.5 percent of GDP on the military by 2024, a conservative source said on Thursday. Scholz, a Social Democrat, wants to increase the budget for Germany's military by 3.3 billion euros ($3.77 billion) by 2023 - much less than the 28.2 billion euro increase demanded by Defence Minister Ursula von der Leyen, the source said. Chancellor Angela Merkel's loveless coalition will thrash out a final budget plan by March 20, but is likely to miss its own scaled-backed target of spending 1.5 percent of GDP on defence by 2024, barring a last-minute cash injection, said the source, speaking on condition of anonymity.
YVERDON, Switzerland, DALLAS and KONGSBERG, Norway, Nov. 12, 2018 /PRNewswire/ -- Leading global maritime technology company Kongsberg Maritime has selected Leclanché, one of the world's leading storage solutions companies, as its battery partner and supplier of customised marine energy storage solutions. The partnership contributes to KONGSBERG's new generation of hybrid power solutions, which are set to deliver game-changing efficiencies and reduce the environmental impact of transportation with cutting-edge autonomous and crewed vessel newbuilds. Leclanché's batteries will be an integral part of KONGBSERG's hybrid solutions. Through the partnership, Leclanché will deliver one of the largest single marine battery system order to date for nine vessels totaling 45MWh batteries.
Leading global maritime technology company Kongsberg Maritime has selected Leclanché, one of the world’s leading storage solutions companies, as its battery partner and supplier of customised marine energy storage solutions. The partnership contributes to KONGSBERG’s new generation of hybrid power solutions, which are set to deliver game-changing efficiencies and reduce the environmental impact of transportation with cutting-edge autonomous and crewed vessel newbuilds. Leclanché’s batteries will be an integral part of KONGBSERG’s hybrid solutions.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Kongsberg Defence & Aerospace AS, a unit of Kongsberg Gruppen ASA, has been awarded a $498 million U.S. defense contract for production of the M153 Common Remotely Operated Weapon Station, the Pentagon ...
How far off is Kongsberg Gruppen ASA (OB:KOG) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock isRead More...
New missile demonstrates advanced target identification LONDON , July 16, 2018 /PRNewswire/ -- Norway's Ministry of Defense successfully test fired a Joint Strike Missile from an F-16 Fighting Falcon, ...
Rolls-Royce Holdings said it would sell its loss-making commercial marine business to Norway's Kongsberg Gruppen ASA for 500 million pounds, in the latest reshaping of the engineering company by CEO Warren East. The company said in January it was considering selling its commercial marine business which has been most impacted by the weaker oil price as it supplies oil and gas companies with equipment.
Norway sold its remaining 9.88 percent stake in Scandinavian airline SAS (SAS.ST) for 652 million Swedish crowns (55.61 million pounds), it said on Wednesday, adding this was not the start of a privatisation drive by the centre-right government. The Norwegian state, a partial owner of SAS since 1946, has gradually cut its holdings and the latest sale of 37.8 million shares finalised its exit from the Sweden-headquartered airline. "SAS has developed well in recent years and capital markets are strong, making this a good time to sell," Industry Minister Torbjoern Roe Isaksen told Reuters.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. Investors may find myRead More...
TUCSON, Ariz., June 1, 2018 /PRNewswire/ -- The U.S. Navy has selected the Naval Strike Missile, offered by Raytheon Company (RTN) and Kongsberg Gruppen, to meet its over-the-horizon requirement for littoral combat ships and future frigates. Raytheon will manufacture and deliver over-the-horizon weapon systems under a $14.8 million contract for offensive missiles loaded into launching mechanisms, and a single fire control suite. "Raytheon and Kongsberg are providing the Navy with a proven, off-the-shelf solution that exceeds requirements for the over-the-horizon mission," said Dr. Taylor W. Lawrence, president of Raytheon Missile Systems.
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Kongsberg Gruppen ASA (OB:KOG) with a market-capitalization of ØRE20.70B, rarely draw their attention. Despite this, commonly overlookedRead More...
Kongsberg Gruppen ASA (OB:KOG) is currently trading at a trailing P/E of 42.7x, which is higher than the industry average of 22.9x. While KOG might seem like a stock toRead More...