1. New major contract for Nammo
The Norwegian Armed Forces announced today that it has selected Nammo as the main supplier of lead-free small arms ammunition, a contract worth half a billion Norwegian Kroner, plus options.
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2. Increased margin, despite a lower top line
Nammo improved its operating margin in 2011, despite a decline in sales compared to the previous year.
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3. EU embargo prevents deliveries of Sport & Biathlon ammunition from Lapua GmbH to Belarus
Lapua GmbH has a long lasting history as a proud supplier of Biathlon ammunition to several world leading Biathlon athletes and national sports clubs around the world.
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4. Nammo establishes new subsidiary in Australia
Nammo has decided to establish a permanent presence in Australia to better service the Australian Armed Forces, expand sales and strengthen industrial partnering in the region.
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5. Nammo to suppport Raytheon tow missile tube manufacturing
Nammo Composite Solutions has announced today that it has signed an agreement with Raytheon Missile Systems to support the development and manufacturing of a redesigned composite TOW missile case.
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6. CTC Defense Announces Landmark Deal For Rocket Launcher Laser Sight
CTC Defense today announced it had reached agreement with Nammo Talley Inc. of Mesa, AZ to supply laser aiming modules for the battle-proven M72 Light Assault Weapon (LAW).
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7. Cyalume Technologies and Nammo Talley, Inc. Announce Collaborative Relationship
Cyalume Technologies, Inc. and Nammo Talley, Inc has entered into a collaborative relationship.
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8. Nammo awarded contract to demilitarize Cluster Munitions for Japan.
In August 2011 Nammo Demil Division were awarded the contract to demilitarize a number of Cluster Munitions on behalf of the Japanese MOD (MODJ) in a program that will conclude February 2015.
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9. Ammunition contract to Nammo from US Army
Nammo has recently been awarded a 5-year ID/IQ system contract covering the fiscal years 2011-15 for supply of 5.56mm AP M995 and 7.62mm AP M993 in various configurations with US MIL-SPEC Tracers. The total contract value is estimated to 65 Million USD.
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10. Nammo at AUSA in Washington DC
The Nammo Group participates at the Annual Meeting and Exposition for the United States Army on 10-12 October 2011.
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