Nammo

Nammo AS
Type Private
Industry Military industry
Founded 1998
Headquarters Raufoss, Norway
Key people Edgar Fossheim (CEO),
Products Ammunition, missile and propulsion systems
Revenue NOK 3.439 million (2009)
Operating income NOK 407 million (2009)
Net income NOK 277 million (2009)
Employees 1900 (2009)
Parent Norwegian Ministry of Trade and Industry (50%)
Patria (50%)
Website www.nammo.com

Nammo short for Nordic Ammunition Group is a Norwegian/Finnish military industry manufacturer of ammunition. The company has subsidiaries in Finland, Germany, Norway, Sweden, Switzerland, the United States and Canada. The company is owned 50/50 by the Norwegian Ministry of Trade and Industry and the Finnish defence company Patria. The company has its headquarters in Raufoss, Norway.

The company has five business units; Small Caliber Division, Medium & Large Caliber Division, Missile Products Division, Demil Division and Nammo Talley. The company has locations at Raufoss, Aurskog, Løkken Verk (Norway), Lindesberg, Karlsborg, Vingåker, Björkborn (Sweden), Vihtavuori, Tampere, Lapua (Finland), Schönebeck, Pinnow (Germany), Hérémence (Switzerland), Mesa, Arizona and Washington D.C. (United States) and Ottawa (Canada).

Contents

History

Nammo was founded in 1998 by Raufoss, Patria, and Celsius. Raufoss was later demerged continued though operations by Norsk Hydro and Raufoss Technology. The ownership of Nammo was transferred to the government of Norway.

Products

Missiles

Small Caliber Ammunition

Medium & Large Caliber Ammunition