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The Norwegian defence market is a significant sector, with an estimated value of USD 6.83 billion in 2022. The country is committed to NATO's 2% of GDP defense spending guideline and aims to reach this target by 2028. Norway's strategic location and harsh maritime environment have fostered the development of specialized defence technologies and capabilities.
The Norwegian government's defense procurement process is governed by the Ministry of Defence (MoD) and its subordinate agencies. The process is designed to ensure transparency, fairness, and value for money. Key procurement considerations include operational requirements, technical specifications, cost-effectiveness, and industrial participation.
Norway's defense procurement priorities are focused on acquiring advanced capabilities to address emerging threats and challenges. Key procurement areas include:
Naval vessels and submarines
Combat aircraft and helicopters
Missiles and weapons systems
Surveillance and reconnaissance systems
Cyber defense and electronic warfare capabilities
The Norwegian Defence Materiel Agency (NDMA) is the primary authority responsible for managing defense procurement. The NDMA works closely with the MoD, the Norwegian Armed Forces, and other stakeholders to ensure that procurement decisions are aligned with national defense strategies.
Key players in the Norwegian defence industry include:
Kongsberg Gruppen
Nammo
Thales Norge
Rheinmetall
Lockheed Martin
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