Kongsberg closes Zone 5 acquisition, formalises affordable missile push
June 10 (Reuters) - Norwegian defence and technology group Kongsberg KOG.OL on Wednesday said it had completed the acquisition of U.S.-based Zone 5 Technologies, a developer of low-cost, mass-producible missile systems linked to U.S. Air Force efforts to develop so-called affordable mass munitions.
The deal, agreed in late 2025, closes as Western militaries seek to replenish depleted air defence and missile stocks following recent conflicts.
"Recent conflicts have demonstrated the critical role of high-volume defence capabilities. This is exactly what Europe needs," Kongsberg CEO Eirik Lie said
Zone 5 has been involved in U.S. programmes including the Extended Range Attack Munition initiative and related efforts to scale production of lower-cost strike and air defence systems
Zone 5 will operate as an independent subsidiary, Kongsberg said
The financial terms of the transaction were not disclosed
