NORBIT Secures Significant NOK 120 Million Defence Order
NORBIT has recently made an exciting announcement regarding a significant contract within its segment PIR. The company has been awarded a manufacturing order valued at NOK 120 million from a European client specializing in defence and security. This order is poised for delivery in late 2025 and early 2026, marking a notable expansion of NORBIT's market reach.
Previous Contracts Strengthened by New Order
This latest award follows a previous contract worth approximately NOK 100 million, which was designated for initial deliveries in the first quarter of 2026. These continued contracts highlight the growing momentum within the defence sector, particularly in light of recent geopolitical developments that call for advanced defence solutions.
CEO's Insights on Strategic Growth
“We are proud to see that our strategic partnerships in this domain continue to evolve,” stated Per Jørgen Weisethaunet, CEO of NORBIT. He emphasized the importance of adapting to a complex geopolitical landscape and maintaining a proactive approach in the defence industry. He noted that the current strong demand allows NORBIT to position itself as a key industrial partner, ensuring timely delivery as market opportunities arise.
NORBIT's Commitment to Innovation and Sustainability
NORBIT is committed to exploring new avenues for technological advancement and sustainability. The company is structured into three focused segments: Oceans, Connectivity, and Product Innovation & Realization. Each segment caters to distinct market needs, providing tailored solutions that promote efficiency and innovation. With its headquarters in Trondheim and operational facilities in both Europe and North America, NORBIT employs approximately 650 dedicated professionals who actively contribute to the company’s objectives.
Understanding the Business Segments
The Oceans segment offers customized technology solutions for global maritime applications. On the other hand, the Connectivity segment focuses on wireless solutions that streamline identification, monitoring, and tracking processes. Additionally, the Product Innovation & Realization segment enables NORBIT to provide R&D services, proprietary products, and contract manufacturing to meet the demands of key customers.
Contact Information for Further Inquiries
For those interested in learning more about NORBIT and its innovative offerings, direct inquiries can be made to:
Per Jørgen Weisethaunet, CEO, +47 959 62 915
Per Kristian Reppe, CFO, +47 900 33 203
Conclusion: NORBIT's Future Outlook
As NORBIT continues to forge ahead with its strategic plans, this latest NOK 120 million order showcases the company’s ability to leverage its partnerships and adapt to the evolving landscape of the defence sector. The future looks promising as NORBIT remains committed to driving innovation, sustainability, and growth in all its market segments.
Frequently Asked Questions
What is the value of NORBIT's recent order?
NORBIT was awarded a NOK 120 million manufacturing order from a European client in the defence sector.
When are the deliveries scheduled for this contract?
Deliveries for the new contract are scheduled for late 2025 and early 2026.
What does NORBIT's business structure include?
NORBIT is organized into three segments: Oceans, Connectivity, and Product Innovation & Realization.
Who is the CEO of NORBIT?
The CEO of NORBIT is Per Jørgen Weisethaunet.
How many employees does NORBIT have?
NORBIT employs around 650 professionals dedicated to its innovation and sustainability goals.
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