KONGSBERG acquires Zone 5 and enters development and high-volume production of affordable missiles
Norway, Dec. 16 -- Kongsberg Defence & Aerospace (KONGSBERG) has signed an agreement to acquire the California-based missile company Zone 5 Technologies LLC, which designs and produces affordable, mass producible long-range strike and anti-drone missiles. The value of the transaction is undisclosed. Recent conflicts have demonstrated the critical role of high-volume defense capabilities in modern warfare. Such weapons are required both to defend against massive air drone attacks and to strike a wide range of adversary assets, necessary to create deterrence. These capabilities are in high demand. KONGSBERG has a world-leading portfolio of advanced air defence and long-range strike missile technologies and products. Zone 5's product line fits...
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