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2024-06-20 11:35:38

bloombergytbot on Nostr: Here's your summary from Kongsberg CEO: See Shift From Funds on Defense Investment ...

Here's your summary from Kongsberg CEO: See Shift From Funds on Defense Investment (https://www.youtube.com/watch?v=OdrdfSHosZQ) on the Bloomberg Television channel:
### TLDR:
Kongsberg CEO discusses increased demand for defense capabilities post-Russia-Ukraine conflict and the shift in investment focus towards defense.

### Key Points:
1. Demand for defense capabilities has increased post-Russia-Ukraine conflict, leading to more countries seeking such capabilities.
2. Kongsberg has received orders for missiles from 13 countries, including NATO allies, and is considering expanding manufacturing facilities in Australia and the US.
3. The company has focused on scaling up production and addressing supply chain challenges to meet the growing demand for defense hardware.
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